G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w14296
来源IDWorking Paper 14296
The Welfare Impact of Reducing Choice in Medicare Part D: A Comparison of Two Regulation Strategies
Claudio Lucarelli; Jeffrey Prince; Kosali Simon
发表日期2008-09-05
出版年2008
语种英语
摘要Motivated by widely publicized concerns that there are "too many" plans, we structurally estimate (and validate) an equilibrium model of the Medicare Part D market to study the welfare impacts of two feasible, similar-sized approaches for reducing choice. One reduces the maximum number of firm offerings regionally; the other removes plans providing donut hole coverage - consumers' most valued dimension. We find welfare losses are far smaller when coupled with elimination of a dimension of differentiation, as in the latter approach. We illustrate our findings' relevance under current health care reforms, and consider the merits of instead imposing ex ante competition for entry.
主题Public Economics ; Public Goods ; National Fiscal Issues ; Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Industry Studies
URLhttps://www.nber.org/papers/w14296
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/571970
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Claudio Lucarelli,Jeffrey Prince,Kosali Simon. The Welfare Impact of Reducing Choice in Medicare Part D: A Comparison of Two Regulation Strategies. 2008.
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