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The Center for Medicare & Medicaid Services (CMS) initiated the National Medicare Education Program (NMEP) in 1998, aiming to collect information of quality from contracted managed care plans and di...
We examine the theoretical properties of the auction for Medicare Durable Medical Equipment. Two unique features of the Medicare auction are (1) winners are paid the median winning bid and (2) bids ...
 In the fall  of  2010,  167  auction  experts from top  universitiearound the  country sent  a  letter to&...
Our Economists’ Voice column sumthe current and proposed Medicare auctions. The column was based on a careful reading and analysis of the auction rules.
T has steadily increased since the early 1980s, from 4.5 percent in 1982 to 5.6 percent in 1994, with this then rapidly accelerating to 10.1 percent by he share of U.S. healthcare spending accounted f...
Prescription drug expenditures represent the most rapidly growing component of health care spending, increasing from 5 percent of health care spending in 1980 to more than 10 percent by 2005 (Centers ...
We estimate the economic surplus created by Medicare Advantage under its reformed competitive bidding rules. We use data on the universe of Medicare beneÖciaries, and develop a model of plan bi...
Part D represents the largest expansion of Medicare since the program’s inception in 1965.Though initially projected to cost the federal government $780 billion over its first ten years (2006–2015), i...
To combat adverse selection, governments increasingly base payments to health plans and providers on enrollees’ scores from risk-adjustment formulae. In response to evidence of plan overpayments due t...
Governments contract with private Örms to provide a wide range of services. While a large body of previous work has estimated the e§ects of that contracting, surprisingly little has investigated ...
We study the demand response to nonlinear price schedules using data on insurance contracts and prescription drug purchases in Medicare Part D. We exploit the kink in individuals’ budgets set create...

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