The consequences of a public health insurance option: Evidence from Medicare Part D prescription drug markets

This paper examines a public option competing alongside private insurers in Medicare Part D. We estimate a random coefficient demand system and oligopoly supply-side model with endogenous premium subsidies and risk adjustment payments. If the public option does not affect health risk sorting, counte...

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Bibliographic Details
Main Authors: MILLER, Daniel P., YEO, Jungwon
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1270
https://ink.library.smu.edu.sg/context/soe_research/article/2269/viewcontent/ConsequencesPublicHealth_Insurance_2013_wp.pdf
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Institution: Singapore Management University
Language: English