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"There is much debate about whether the Medicare Prescription Drug Bill - the greatest expansion of Medicare benefits since its creation in 1965 - will improve the health of elderly Americans, and how much it will cost. We model how insurance affects medical care utilization, and subsequently, health outcomes over time in a dynamic model with correlated errors. Longitudinal individual-level data from the 1992-1998 Medicare Current Beneficiary Survey provide estimates of these effects. Simulations over five years show that expanding prescription drug coverage would increase drug expenditures by between 12% and 17%. However, other health care expenditures would only increase slightly, and the mortality rate would improve"--National Bureau of Economic Research web site.
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Prescription drugs, medical care, and health outcomes: a model of elderly health
2004, National Bureau of Economic Research
Electronic resource
in English
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Book Details
Edition Notes
Includes bibliographical references.
Title from PDF file as viewed on 1/11/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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December 5, 2010 | Edited by Open Library Bot | Added subjects from MARC records. |
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