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来源类型Working Paper
规范类型报告
DOI10.3386/w18642
来源IDWorking Paper 18642
The RAND Health Insurance Experiment, Three Decades Later
Aviva Aron-Dine; Liran Einav; Amy Finkelstein
发表日期2012-12-21
出版年2012
语种英语
摘要We re-present and re-examine the analysis from the famous RAND Health Insurance Experiment from the 1970s on the impact of consumer cost sharing in health insurance on medical spending. We begin by summarizing the experiment and its core findings in a manner that would be standard in the current age. We then examine potential threats to the validity of a causal interpretation of the experimental treatment effects stemming from different study participation and differential reporting of outcomes across treatment arms. Finally, we re-consider the famous RAND estimate that the elasticity of medical spending with respect to its out-of-pocket price is -0.2, emphasizing the challenges associated with summarizing the experimental treatment effects from non-linear health insurance contracts using a single price elasticity.
主题Health, Education, and Welfare ; Health
URLhttps://www.nber.org/papers/w18642
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/576317
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Aviva Aron-Dine,Liran Einav,Amy Finkelstein. The RAND Health Insurance Experiment, Three Decades Later. 2012.
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