Price and the health plan choices of retirees
By: Thomas C. Buchmueller.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11395; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11395.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Retirees -- Medical care -- Finance; Insurance, Health -- Finance
Description: "This study analyzes health plan choices of retirees in an employer-sponsored health benefits program that resembles "premium support" models proposed for Medicare.  In this program, out-of-pocket premiums depend on when an individual retired and his or her years of service as of that date.  Since this price variation is exogenous to unobserved plan attributes and retiree characteristics, it possible to obtain unbiased premium elasticity estimates.  The results indicate a significantly negative effect of premiums.  The implied elasticities are at the low end of the range found in previous studies on active employees"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 6/20/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.