The aggregate effects of health insurance: evidence from the introduction of Medicare
"This paper investigates the effects of market-wide changes in health insurance by examining the single largest change in health insurance coverage in American history: the introduction of Medicare in 1965. I estimate that the impact of Medicare on hospital spending is substantially larger than...
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11619 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | "This paper investigates the effects of market-wide changes in health insurance by examining the single largest change in health insurance coverage in American history: the introduction of Medicare in 1965. I estimate that the impact of Medicare on hospital spending is substantially larger than what the existing evidence from individual-level changes in health insurance would have predicted. Consistent with a disproportionately larger impact of aggregate changes in health insurance, the evidence suggests that the introduction of Medicare altered the practice of medicine. For example, I find that the introduction of Medicare is associated with an increase in the rate of adoption of then-new medical technologies. A back of the envelope calculation based on the estimated impact of Medicare suggests that the overall spread of health insurance between 1950 and 1990 may be able to explain at least forty percent of the increase in real per capita health spending over this time period"--National Bureau of Economic Research web site. |
Beschreibung: | 48 S. Kt., graph. Darst. |
Internformat
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490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 11619 | |
520 | 3 | |a "This paper investigates the effects of market-wide changes in health insurance by examining the single largest change in health insurance coverage in American history: the introduction of Medicare in 1965. I estimate that the impact of Medicare on hospital spending is substantially larger than what the existing evidence from individual-level changes in health insurance would have predicted. Consistent with a disproportionately larger impact of aggregate changes in health insurance, the evidence suggests that the introduction of Medicare altered the practice of medicine. For example, I find that the introduction of Medicare is associated with an increase in the rate of adoption of then-new medical technologies. A back of the envelope calculation based on the estimated impact of Medicare suggests that the overall spread of health insurance between 1950 and 1990 may be able to explain at least forty percent of the increase in real per capita health spending over this time period"--National Bureau of Economic Research web site. | |
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geographic | USA |
geographic_facet | USA |
id | DE-604.BV023591679 |
illustrated | Illustrated |
index_date | 2024-07-02T22:41:28Z |
indexdate | 2024-07-09T21:25:11Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016907009 |
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physical | 48 S. Kt., graph. Darst. |
publishDate | 2005 |
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publisher | National Bureau of Economic Research |
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series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
spelling | Finkelstein, Amy 1973- Verfasser (DE-588)128781688 aut The aggregate effects of health insurance evidence from the introduction of Medicare Amy Finkelstein Cambridge, Mass. National Bureau of Economic Research 2005 48 S. Kt., graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11619 "This paper investigates the effects of market-wide changes in health insurance by examining the single largest change in health insurance coverage in American history: the introduction of Medicare in 1965. I estimate that the impact of Medicare on hospital spending is substantially larger than what the existing evidence from individual-level changes in health insurance would have predicted. Consistent with a disproportionately larger impact of aggregate changes in health insurance, the evidence suggests that the introduction of Medicare altered the practice of medicine. For example, I find that the introduction of Medicare is associated with an increase in the rate of adoption of then-new medical technologies. A back of the envelope calculation based on the estimated impact of Medicare suggests that the overall spread of health insurance between 1950 and 1990 may be able to explain at least forty percent of the increase in real per capita health spending over this time period"--National Bureau of Economic Research web site. Health insurance Economic aspects United States Hospitals utilization United States Insurance, Health economics United States Insurance, Health trends United States Medical care, Cost of United States Medicare Economic aspects Medicare economics USA Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11619 (DE-604)BV002801238 11619 http://papers.nber.org/papers/w11619.pdf kostenfrei Volltext |
spellingShingle | Finkelstein, Amy 1973- The aggregate effects of health insurance evidence from the introduction of Medicare National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Health insurance Economic aspects United States Hospitals utilization United States Insurance, Health economics United States Insurance, Health trends United States Medical care, Cost of United States Medicare Economic aspects Medicare economics |
title | The aggregate effects of health insurance evidence from the introduction of Medicare |
title_auth | The aggregate effects of health insurance evidence from the introduction of Medicare |
title_exact_search | The aggregate effects of health insurance evidence from the introduction of Medicare |
title_exact_search_txtP | The aggregate effects of health insurance evidence from the introduction of Medicare |
title_full | The aggregate effects of health insurance evidence from the introduction of Medicare Amy Finkelstein |
title_fullStr | The aggregate effects of health insurance evidence from the introduction of Medicare Amy Finkelstein |
title_full_unstemmed | The aggregate effects of health insurance evidence from the introduction of Medicare Amy Finkelstein |
title_short | The aggregate effects of health insurance |
title_sort | the aggregate effects of health insurance evidence from the introduction of medicare |
title_sub | evidence from the introduction of Medicare |
topic | Health insurance Economic aspects United States Hospitals utilization United States Insurance, Health economics United States Insurance, Health trends United States Medical care, Cost of United States Medicare Economic aspects Medicare economics |
topic_facet | Health insurance Economic aspects United States Hospitals utilization United States Insurance, Health economics United States Insurance, Health trends United States Medical care, Cost of United States Medicare Economic aspects Medicare economics USA |
url | http://papers.nber.org/papers/w11619.pdf |
volume_link | (DE-604)BV002801238 |
work_keys_str_mv | AT finkelsteinamy theaggregateeffectsofhealthinsuranceevidencefromtheintroductionofmedicare |