Risk attitudes and Medicare Part D enrollment decisions
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چکیده
منابع مشابه
Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans
Medicare Part D provides prescription drug coverage through Medicare approved plans offered by private insurance companies and HMOs. In this paper, we study the role of current prescription drug use and health risks, related expectations, and subjective factors in the demand for prescription drug insurance. To characterize rational behavior in the complex Part D environment, we develop an inter...
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Consumers' enrollment decisions in Medicare Part D can be explained by Abaluck and Gruber’s (2011) model of utility maximization with psychological biases or by a neoclassical version of their model that precludes such biases. We evaluate these competing hypotheses by applying nonparametric tests of utility maximization and model validation tests to administrative data. We find that 79 percent ...
متن کاملPilot assessment of patient satisfaction and clinical impact of Medicare Part D in diabetic geriatric patients
OBJECTIVES To assess patients' 1) satisfaction with their decision to enroll or not enroll in the Medicare Part D program, and 2) clinical status of diabetes before and after decision to enroll in Medicare Part D. METHODS Patients 65 years or older were enrolled in the study from November 2006 through February 2007. Patients were screened by a clinical pharmacist at their clinician visit and ...
متن کاملTake-up of Medicare Part D: results from the Health and Retirement Study.
OBJECTIVES To estimate the impact of Medicare Part D on prescription drug coverage among elderly Medicare beneficiaries and to analyze the predictors of program enrollment ("take-up") among those with no prior drug coverage. METHODS Multivariate analyses of data from the 2002, 2004, and 2006 waves of the Health and Retirement Study. RESULTS Take-up of Part D among those without drug coverag...
متن کاملMedicare prescription drug coverage: consumer information and preferences.
We investigate prescription drug use, and information and enrollment intentions for the new Medicare Part D drug insurance program, using a sample of Medicare-eligible subjects surveyed before open enrollment began for this program. We find that, despite the complexity of competing plans offered by private insurers under Part D, a majority of the Medicare population had information on this prog...
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تاریخ انتشار 2012