Managed care and medical expenditures of medicare beneficiaries
By: Michael Chernew, Philip DeCicca, Robert Town.
Contributors: DeCicca, Philip.; Town, Robert.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 13747; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13747.
Publisher: National Bureau of Economic Research
Published: 2008
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "This paper investigates the impact of Medicare HMO penetration on the medical care expenditures incurred by Medicare fee-for-service enrollees.  We find that increasing penetration leads to reduced health care spending on fee-for-service beneficiaries.  In particular, a one percentage point increase in Medicare HMO penetration reduces such spending by .9 percent.  We estimate similar models for various measures of health care utilization and find penetration-induced reductions, consistent with our spending estimates.  Finally, we present evidence that suggests our estimated spending reductions are driven by beneficiaries who have at least one chronic condition"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 6/11/2008.

Includes bibliographical references.

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