Medicare Part D: Are Insurers Gaming the Low Income Subsidy Design?
نویسندگان
چکیده
منابع مشابه
Medicare Part D: Are Insurers Gaming the Low Income Subsidy Design?
This paper shows how in Medicare Part D insurers' gaming of the subsidy paid to low-income enrollees distorts premiums and raises the program cost. Using plan-level data from the first five years of the program, I find multiple instances of pricing strategy distortions for the largest insurers. Instrumental variable estimates indicate that the changes in a concentration index measuring the mani...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2015
ISSN: 0002-8282
DOI: 10.1257/aer.20130903