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来源类型Working Paper
规范类型报告
DOI10.3386/w23956
来源IDWorking Paper 23956
A Dose of Managed Care: Controlling Drug Spending in Medicaid
David Dranove; Christopher Ody; Amanda Starc
发表日期2017-10-23
出版年2017
语种英语
摘要Effectively designed market mechanisms may reduce growth in health care spending. In this paper, we study the impact of privatizing the delivery of Medicaid drug benefits on drug spending. Exploiting granular data that allow us to examine drug utilization, we find that drug spending would fall by 22.4 percent if the drug benefit was fully administered by Medicaid Managed Care Organizations (MCOs), largely through lower point-of-sale prices and greater generic usage. The effects are driven by MCOs’ ability to design drug benefits and steer consumers toward lower cost drugs and pharmacies. MCOs do not appear to skimp on performance, either by reducing overall drug consumption as measured by prescriptions per enrollee or reducing utilization of drugs that offset other medical spending.
主题Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance
URLhttps://www.nber.org/papers/w23956
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/581629
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David Dranove,Christopher Ody,Amanda Starc. A Dose of Managed Care: Controlling Drug Spending in Medicaid. 2017.
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