A Dose of Managed Care: Controlling Drug Spending in Medicaid
نویسندگان
چکیده
We study the effect of privatizing Medicaid drug benefits on prices and utilization. Drug spending would decrease by 21.3 percent if private insurers administered all benefits. One-third is driven insurers’ ability to negotiate with pharmacies. The remaining two-thirds greater use lower cost drugs, such as generics, only realized in states that give flexibility design Privatization does not reduce prescriptions per enrollee cuts are smaller for drugs medical spending. (JEL G22, H51, I11, I13, I18, I38, L65)
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ژورنال
عنوان ژورنال: American Economic Journal: Applied Economics
سال: 2021
ISSN: ['1945-7782', '1945-7790']
DOI: https://doi.org/10.1257/app.20190165