The Impact of Health Insurance Expansion on Physician Treatment Choice: Medicare Part D and Physician Prescribing
Tianyan Hu,
Sandra L. Decker and
Shin-Yi Chou
No 20708, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
We test the effect of the introduction of Medicare Part D on physician prescribing behavior by using data on physician visits from the National Ambulatory Medical Care Survey (NAMCS) 2002-2004 and 2006-2009 for patients aged 60-69. We use a combined DD-RD specification that is an improvement over either the difference-in-difference (DD) or regression discontinuity (RD) designs. Comparing the discrete jump in outcomes at age 65 before and after 2006, we find a 35% increase in the number of prescription drugs prescribed or continued per visit and a 55% increase in the number of generic drugs prescribed or continued, providing evidence of physician response to changes in patient out-of-pocket costs.
JEL-codes: I13 I18 I31 (search for similar items in EconPapers)
Date: 2014-11
New Economics Papers: this item is included in nep-age, nep-hea and nep-ias
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Published as Tianyan Hu & Sandra L. Decker & Shin-Yi Chou, 2017. "The impact of health insurance expansion on physician treatment choice: Medicare Part D and physician prescribing," International Journal of Health Economics and Management, vol 17(3), pages 333-358.
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