Data + code supplement for "Health Care Demand Under Simple Prices"
Principal Investigator(s): View help for Principal Investigator(s) Elena Prager, Northwestern University
Version: View help for Version V1
Name | File Type | Size | Last Modified |
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GIC_plans_characteristics.csv | text/csv | 1.3 KB | 10/11/2019 11:21:AM |
README.pdf | application/pdf | 431.6 KB | 10/11/2019 11:21:AM |
demand_estimate_part1.do | text/x-stata-syntax | 44 KB | 10/11/2019 11:21:AM |
demand_estimate_part2.do | text/x-stata-syntax | 35.7 KB | 10/11/2019 11:21:AM |
demand_estimate_part3.do | text/x-stata-syntax | 11.2 KB | 10/11/2019 11:21:AM |
descrip_part1.R | text/x-r-syntax | 5.9 KB | 11/07/2019 04:38:AM |
descrip_part2.R | text/x-r-syntax | 21.7 KB | 10/11/2019 11:21:AM |
elast_bootstrap_part1.do | text/x-stata-syntax | 2.6 KB | 10/11/2019 11:21:AM |
elast_bootstrap_part2_and_counterfact.R | text/x-r-syntax | 130.6 KB | 10/11/2019 11:21:AM |
hospital_tiers.csv | text/csv | 12.9 KB | 10/11/2019 11:21:AM |
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Project Citation:
Prager, Elena. Data + code supplement for “Health Care Demand Under Simple Prices.” Nashville, TN: American Economic Association [publisher], 2020. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-09-23. https://doi.org/10.3886/E111666V1
Project Description
Summary:
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This paper shows that consumers respond to prices for complex health care when they can easily assess out-of-pocket prices. Health care cost containment efforts increasingly incentivize price-shopping, despite a dearth of evidence that this steers consumers toward lower-priced care for major medical services. I show that consumers shift toward lower-priced hospitals in the highly simplified price information environment of insurance plans with tiered hospital networks. Consumers observe a single predictable, well-defined price that applies to a broad range of services within each of at most three hospital tiers. Within three years, expected partial-equilibrium savings reach 8–17 percent of baseline spending.
Scope of Project
Subject Terms:
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hospitals;
health insurance
JEL Classification:
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D83 Search • Learning • Information and Knowledge • Communication • Belief • Unawareness
I11 Analysis of Health Care Markets
I13 Health Insurance, Public and Private
D83 Search • Learning • Information and Knowledge • Communication • Belief • Unawareness
I11 Analysis of Health Care Markets
I13 Health Insurance, Public and Private
Geographic Coverage:
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Massachusetts
Time Period(s):
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2009 – 2012
Universe:
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Hospitals and private health insurance in Massachusetts.
Data Type(s):
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program source code;
text
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