Problem-based Learning Using the Online Medicare Part D Plan Finder Tool
نویسندگان
چکیده
منابع مشابه
Plan selection in Medicare Part D: evidence from administrative data.
We study the Medicare Part D prescription drug insurance program as a bellwether for designs of private, non-mandatory health insurance markets, focusing on the ability of consumers to evaluate and optimize their choices of plans. Our analysis of administrative data on medical claims in Medicare Part D suggests that fewer than 25% of individuals enroll in plans that are ex ante as good as the l...
متن کاملChoice Inconsistencies among the Elderly: Evidence from Plan Choice in the Medicare Part D Program: Reply.
We explore the in- and out-of-sample robustness of tests for choice inconsistencies based on parameter restrictions in parametric models, focusing on tests proposed by Ketcham, Kuminoff, and Powers (2016). We argue that their nonparametric alternatives are inherently conservative with respect to detecting mistakes. We then show that our parametric model is robust to KKP's suggested specificatio...
متن کاملSinking, Swimming, or Learning to Swim in Medicare Part D.
Under Medicare Part D, senior citizens choose prescription drug insurance offered by numerous private insurers. We examine nonpoor enrollees' actions in 2006 and 2007 using panel data. Our sample reduced overspending by $298 on average, with gains by 81 percent of them. The greatest improvements were by those who overspent most in 2006 and by those who switched plans. Decisions to switch depend...
متن کاملChoice Inconsistencies among the Elderly: Evidence from Plan Choice in the Medicare Part D Program
1180 The Medicare Modernization Act of 2003, better known as the legislation that added the Part D prescription drug benefit to the Medicare program, represents the single most significant expansion of public insurance programs in the US in the past 40 years. The most novel, and controversial, feature of this legislation was the use of multiple private insurance providers to deliver this new pu...
متن کاملChoice Inconsistencies among the Elderly: Evidence from Plan Choice in the Medicare Part D Program: Comment.
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 ...
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ژورنال
عنوان ژورنال: American Journal of Pharmaceutical Education
سال: 2008
ISSN: 0002-9459,1553-6467
DOI: 10.5688/aj720347