Managed Care and Medical Expenditures of Medicare Beneficiaries / Michael Chernew, Philip DeCicca, Robert Town.

Format:

Book

Author/Creator:

Chernew, Michael.

Contributor:

National Bureau of Economic Research.

DeCicca, Philip.

Town, Robert.

Series:

Working Paper Series (National Bureau of Economic Research) no. w13747.

NBER working paper series no. w13747

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2008.

Summary:

This paper investigates the impact of Medicare HMO penetration on the medical care expenditures incurred by Medicare fee-for-service enrollees. We find that increasing penetration leads to reduced health care spending on fee-for-service beneficiaries. In particular, a one percentage point increase in Medicare HMO penetration reduces such spending by .9 percent. We estimate similar models for various measures of health care utilization and find penetration-induced reductions, consistent with our spending estimates. Finally, we present evidence that suggests our estimated spending reductions are driven by beneficiaries who have at least one chronic condition.

Notes:

Print version record

January 2008.