Add to ORKGWe examine the impact of the expansion of public prescription drug insurance coverage from Medicare Part D on the elderly and find evidence of substantial crowd-out. Using detailed data from the 2002-6 waves of the Medical Expenditure Panel Survey (MEPS), we estimate that the extension of Part D benefits resulted in 75 % crowd-out of prescription drug insurance coverage and 33%-50 % crowd-out of prescription drug expenditures of those 65 and older. Part D is associated with relatively small reductions in out-of-pocket spending. This suggests that the welfare gain from protecting the elderly from out-of-pocket spending risk through Part D has been small
fact that public-use Part D data were unavailable until late 2008, researchers have used alternate d...
Elderly Americans, especially those with multiple chronic conditions, face difficulties paying for p...
expansion in Medicare’s history. Since its beginning in 1965, Medicare has never covered prescriptio...
We examine the effect of gaining prescription drug insurance as a result of Medicare Part D on use o...
T he share of U.S. healthcare spending accounted for by prescription drugshas steadily increased sin...
The introduction of Medicare Part D has generated interest in the cost of providing drug coverage to...
The introduction of Medicare Part D has generated interest in the cost of providing drug coverage to...
This article uses data from a cohort of elderly and retired persons over the 1996-2001 period in the...
Prescription drug coverage is a central issue in the policy debate over Medicare reform. Proponents ...
The federal government\u27s Medicare program did not provide general prescription drug coverage for ...
In 2006, the implementation of Medicare Part D offered seniors the benefit of government subsidized ...
We investigate prescription drug use, and information and enrollment intentions for the new Medicare...
Traditional Medicare imposes significant cost-sharing on beneficiaries. Most but not all beneficiari...
After many years of debate, Congress recently approved a new, voluntary “Medicare Part D” benefit th...
This paper explores the determinants of demand for prescription drug coverage among the elderly popu...
fact that public-use Part D data were unavailable until late 2008, researchers have used alternate d...
Elderly Americans, especially those with multiple chronic conditions, face difficulties paying for p...
expansion in Medicare’s history. Since its beginning in 1965, Medicare has never covered prescriptio...
We examine the effect of gaining prescription drug insurance as a result of Medicare Part D on use o...
T he share of U.S. healthcare spending accounted for by prescription drugshas steadily increased sin...
The introduction of Medicare Part D has generated interest in the cost of providing drug coverage to...
The introduction of Medicare Part D has generated interest in the cost of providing drug coverage to...
This article uses data from a cohort of elderly and retired persons over the 1996-2001 period in the...
Prescription drug coverage is a central issue in the policy debate over Medicare reform. Proponents ...
The federal government\u27s Medicare program did not provide general prescription drug coverage for ...
In 2006, the implementation of Medicare Part D offered seniors the benefit of government subsidized ...
We investigate prescription drug use, and information and enrollment intentions for the new Medicare...
Traditional Medicare imposes significant cost-sharing on beneficiaries. Most but not all beneficiari...
After many years of debate, Congress recently approved a new, voluntary “Medicare Part D” benefit th...
This paper explores the determinants of demand for prescription drug coverage among the elderly popu...
fact that public-use Part D data were unavailable until late 2008, researchers have used alternate d...
Elderly Americans, especially those with multiple chronic conditions, face difficulties paying for p...
expansion in Medicare’s history. Since its beginning in 1965, Medicare has never covered prescriptio...