Microeconomicinsights.org

Regional variation in US healthcare use: evidence from …

Our research analyzes the healthcare use of a sample of 2.5 million Medicare patients over the period from 1998 to 2008. Medicare is the US federal health insurance program for people who are 65 or older, a population that accounts for about a third of the … See more

Actived: 8 days ago

URL: https://microeconomicinsights.org/regional-variation-us-healthcare-use-evidence-patient-migration/

Health insurance competition: effects on premiums, …

WebIn evaluating health insurance mergers recently proposed in the U.S., regulators have grappled with the costs and benefits of reduced insurer competition. Our study examines the direct and indirect effects that a reduction in the number of insurers has on premiums, provider reimbursement rates, and consumer welfare. Using detailed …

Category:  Health Go Health

Beyond Health: Nonhealth Risk and the Value of Disability Insurance

WebIn the United States, the Social Security Disability Insurance and Supplemental Security Income programs together provide access to health insurance and $200 billion annually in cash benefits to nearly 13 million Americans. This support is provided primarily as assistance for people who cannot work because of severe health conditions. Some …

Category:  Health Go Health

Subsidizing health insurance for low-income adults: evidence from

WebHow much are low-income people willing to pay for health insurance – and what are the implications for our understanding of health insurance markets and the role of subsidies? This research investigates these questions drawing on subsidy variation in Massachusetts’ health insurance exchange for low-income individuals.

Category:  Health Go Health

Healthcare: how competition can improve management …

WebAllowing competition on quality but not price is a safeguard built on experience from the early 1990s ‘internal market’ (Propper et al, 2008), when price competition was briefly allowed and led to cuts in costs but also to reductions in quality (which is harder to observe). Our study also suggests an important role for management.

Category:  Health Go Health

Do larger health insurance subsidies benefit patients or …

WebA central question in the US debate over privatized Medicare is whether increased government contributions to private plans generate lower premiums for consumers or higher profits for producers. This research finds that insurance companies pass through 45% of higher payments in lower premiums and an additional 9% in more …

Category:  Health Go Health

Medical innovation and the labor market: the importance of …

WebPharmaceutical innovation can be enormously valuable, leading to the development of medical treatments that save lives and improve patient quality of life. However, new medications that are powerful and effective are often accompanied by painful and uncomfortable side effects. This article summarizes a recent paper, "Why Medical …

Category:  Medical Go Health

Hospital Network Competition and Adverse Selection: Evidence …

WebThe Affordable Care Act covers 15 million uninsured Americans and substantially expands government health spending, but it is also a major expansion of market-based health insurance. In this market-based approach, the forces of choice and competition shape the products available to consumers, which is usually seen as a good …

Category:  Health Go Health

Hospital competition and patient choice can improve …

WebThe introduction of greater choice and competition in healthcare is an increasingly popular model for public service reform. This research shows that once restrictions on patients’ choice in England’s National Health Service were lifted, those requiring heart bypass surgery became more responsive to the quality of care available …

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Life-cycle benefits of early childhood programs: evidence …

WebA substantial body of evidence shows that high-quality early childhood programs boost the skills of disadvantaged children.[1] Most of this research reports short-run treatment effects of these programs on cognitive test scores, school readiness, and measures of early-life social behavior. A few studies analyze longer-term benefits in …

Category:  Health Go Health

When Fewer Options are Better for Consumers: The Benefits of …

WebMain article. The use of selective or “narrow” networks by commercial health insurers in the United States is not a new phenomenon. Instead, it has grown and faded in popularity over the past several decades as a means of controlling costs—as seen during the rise of managed care in the 1980s and the subsequent “backlash” in the 1990s (Glied …

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Minimum Wages and Racial Inequality Microeconomic Insights

WebThis article demonstrates how the expansion of the minimum wage in 1967 played a critical role in closing the racial earnings gap and offers insights for reducing the large racial disparities that still exist today. The earnings difference between Black and white workers fell dramatically in the United States in the late 1960s and early 1970s.

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Should There Be Vertical Choice in Health Insurance Markets

WebIn U.S. health insurance markets, buyers can often choose from a menu of different financial coverage level options, which we term “vertical choice”. A notable example is the metal-tiered plans (e.g., Gold, Silver, Bronze) offered on Affordable Care Act (ACA) exchanges. In contrast, many national health insurance schemes provide only a

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What Medicare Part D Teaches Us About Social Insurance Markets

WebMedicare is a health insurance program primarily available to adults older than 65, and Part D is an elective prescription drug insurance component available to Medicare beneficiaries. Part D has become a model for privately-provided, publicly-financed social insurance programs in the United States. Using institutional details and data from …

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The impact of protection on trade: lessons from Britain’s 1930s …

WebWith protectionist pressures rising and the multilateral trading system seemingly at risk, it is natural to look to the 1930s for evidence of how protection affects the volume and pattern of trade. This column examines the impact of Britain’s decisive break with a longstanding tradition of free trade in 1931, when the country switched …

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More Precise Regulation can Lower Pollution in India

WebToday’s large developing countries have perhaps the highest levels of air pollution recorded in human history. The World Health Organization (WHO) sets an air quality standard of 10 micrograms per cubic meter for fine particles, PM2.5. In the United States, air pollution is worse than the WHO standard in 73 counties, home to 36 million […]

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The long-term benefits of better school lunches

WebWhen we compare the nutritional content of the typical packed lunch with the new school lunches, the latter clearly represented a positive nutritional “shock”. The largest changes were found for iron, increasing from 0.588 mg to 7 mg per meal, and for vitamin C, which increased from 1.2 mg to 25 mg.

Category:  Nutrition,  Vitamin Go Health

Second chance: the social benefits of diversion in the criminal …

WebPublic officials are increasingly diverting people from the criminal justice system, usually to help them to avoid a criminal record and its associated consequences. The practice has become an important part of recent efforts to reform criminal justice policy, and it often enables corrections systems to conserve scarce resources. Despite the …

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Health Archives Microeconomic Insights

WebWe report on research that concerns the efficacy of health care markets and the health of the population. This includes: The functioning of health insurance markets The impact of incentive mechanisms for the provision and quality of health care services by physicians and hospitals. The functioning of markets for pharmaceuticals and medical devices The …

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