Risk attitudes and Medicare Part D enrollment decisions

Stefan Vetter, Florian Heiss, Daniel McFadden and Joachim Winter ()

Economics Letters, 2013, vol. 119, issue 2, 128-132

Abstract: In this study we investigate if risk attitudes explain non-enrollment into Medicare Part D. We find that respondents who are risk-tolerant as measured by the willingness-to-pay for a hypothetical insurance were significantly less likely to enroll in Part D.

Keywords: Risk aversion; Medicare Part D; Heterogeneous preferences; Insurance demand; Survey design (search for similar items in EconPapers)
JEL-codes: D03 D81 H51 I1 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Related works:
Working Paper: Risk attitudes and Medicare Part D enrollment decisions (2013)
Working Paper: Risk attitudes and Medicare Part D enrollment decisions (2012)
Working Paper: Risk attitudes and Medicare Part D enrollment decisions (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:119:y:2013:i:2:p:128-132

DOI: 10.1016/j.econlet.2013.01.033

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