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Yang, Zhou; Gilleskie, Donna B.; Norton, Edward C. – Journal of Human Resources, 2009
Prescription drug coverage creates a change in medical care consumption, beyond standard moral hazard, arising both from the differential cost-sharing and the relative effectiveness of different types of care. We model the dynamic supplemental health insurance decisions of Medicare beneficiaries, their medical care demand, and subsequent health…
Descriptors: Medical Services, Expenditures, Mortality Rate, Health Insurance

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