PSC In The News
Bailey and Dynarski cited in piece on why quality education should be a "civil and moral right"
Kalousova and Burgard find credit card debt increases likelihood of foregoing medical care
Highlights
Arline Geronimus wins Excellence in Research Award from School of Public Health
Yu Xie to give DBASSE's David Lecture April 30, 2013 on "Is American Science in Decline?"
U-M grad programs do well in latest USN&WR "Best" rankings
Sheldon Danziger named president of Russell Sage Foundation
Back in September
Follow us Health Insurance, Medical Care, and Health Outcomes A Model of Elderly Health Dynamics
Yang, Z., D.B. Gilleskie, and Edward Norton. 2009. "Health Insurance, Medical Care, and Health Outcomes A Model of Elderly Health Dynamics." Journal of Human Resources, 44(1): 47-114.
Prescription drug coverage creates a change in medical care consumption, beyond standard moral hazard, arising both from the differential cost-sharing and the relative effectiveness of different types of care. We model the dynamic. supplemental health insurance decisions of Medicare beneficiaries, their medical care demand, and subsequent health outcomes over time. Using parameter estimates obtained with longitudinal individual-level data, we simulate behavior under different drug coverage scenarios. Prescription drug coverage increases drug expenditures by 7 percent to 27 percent over a five-year period. While mortality rates fall slightly the survivors have poorer health, leading to higher total medical expenditures.
Country of focus: United States.
Browse | Search : All Pubs | Next