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Mon, April 6
Jinkook Lee, Wellbeing of the Elderly in East Asia

The insurance value of Medicare

Publication Abstract

Baicker, K., and Helen Levy. 2012. "The insurance value of Medicare." The New England Journal of Medicine, 367(19): 1773-5.

Medicare should provide access to care and protection from catastrophic spending while not being so generous that beneficiaries overconsume low-value care, thus driving up costs. Setting cost sharing is a balancing act that the Medicare program doesn't perform very well.

DOI:10.1056/NEJMp1210789 (Full Text)

PMCID: PMC3726035. (Pub Med Central)

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