ArticleJournal of public economics2017
Bunching at the kink: implications for spending responses to health insurance contracts.
Article in Journal of public economics, 2017. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 4 papers.
What it found
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
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Who cites it
4 citing papers in PubMed.
- Insurance coverage, long-term care utilization, and health outcomes.The European journal of health economics : HEPAC : health economics in prevention and care · 2023Article
- Private provision of social insurance: drug-specific price elasticities and cost sharing in Medicare Part D.American economic journal. Economic policy · 2018Article
- Prescription Drug Use under Medicare Part D: A Linear Model of Nonlinear Budget Sets.Journal of public economics · 2018Article
- Moral Hazard in Health Insurance: What We Know and How We Know It.Journal of the European Economic Association · 2018Article
Corrections and comments
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Authors and funding
3 authors.
Funding
Abstract
A large literature in empirical public finance relies on "bunching" to identify a behavioral response to non-linear incentives and to translate this response into an economic object to be used counterfactually. We conduct this type of analysis in the context of prescription drug insurance for the elderly in Medicare Part D, where a kink in the individual's budget set generates substantial bunching in annual drug expenditure around the famous "donut hole". We show that different alternative economic models can match the basic bunching pattern, but have very different quantitative implications for the counterfactual spending response to alternative insurance contracts. These findings illustrate the importance of modeling choices in mapping a compelling reduced form pattern into an economic object of interest.
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Registered trials
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