| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21028 |
| 来源ID | Working Paper 21028 |
| The Impact of Consumer Inattention on Insurer Pricing in the Medicare Part D Program | |
| Kate Ho; Joseph Hogan; Fiona Scott Morton | |
| 发表日期 | 2015-03-16 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | The Medicare Part D program relies on consumer choice to provide insurers with incentives to offer low-priced, high-quality pharmaceutical insurance plans. We demonstrate that consumers switch plans infrequently and search imperfectly. We estimate a model of consumer plan choice with inattentive consumers and show that high observed premiums are consistent with insurers profiting from consumer inertia. We estimate the reduction in steady state plan premiums if all consumers were attentive. An average consumer could save $1050 over three years; government savings in the same period could amount to $1.3 billion or 1% of the cost of subsidizing the relevant enrollees. |
| 主题 | Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w21028 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578701 |
| 推荐引用方式 GB/T 7714 | Kate Ho,Joseph Hogan,Fiona Scott Morton. The Impact of Consumer Inattention on Insurer Pricing in the Medicare Part D Program. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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