Prescription drug insurance and its effect on utilization and health of the elderly
By: Nasreen Khan, Robert Kaestner, Swu Jane Lin.
Contributors: Khan, Nasreen.; Kaestner, Robert.; Swu, Jane Lin.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 12848; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12848.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "The Medicare Modernization Act was recently established, to provide limited drug coverage to the elderly.  However, there is limited evidence on how drug coverage might affect health.  The goal of this paper is to obtain "causal effects" of prescription drug coverage on drug use, use of other medical services and health of the elderly.  We use fixed-effects analysis to control for unmeasured person-specific effects that may confound the relationships of interest.  Results show prescription drug coverage, particularly public coverage, significantly increased the utilization of prescription drugs, but had no discernable effect on hospital admissions or health"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 3/23/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.