Evidence map›Paper›PMID 30233766›Full record

ArticleAmerican economic journal. Economic policy2018

Private provision of social insurance: drug-specific price elasticities and cost sharing in Medicare Part D.

Liran Einav, Amy Finkelstein, Maria Polyakova

Abstract read
In one paragraph

Article in American economic journal. Economic policy, 2018. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 20 papers.

0numbers the graph read from it
0cells of the map it votes in
20citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

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.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

20 citing papers in PubMed.

  1. Estimating price elasticities of demand for pain relief drugs: evidence from Medicare Part D.International journal of health economics and management · 2024
    Article
  2. The Health Costs of Cost Sharing.The quarterly journal of economics · 2024
    Article
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  10. Healthcare Rationing in Public Insurance Programs: Evidence from Medicaid.American economic journal. Economic policy · 2022
    Article
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  17. Health Care Spending and Utilization in Public and Private Medicare.American economic journal. Applied economics · 2019
    Article
  18. Article
  19. Strategic Formulary Design in Medicare Part D Plans.American economic journal. Economic policy · 2018
    Article
  20. Health care demand elasticities by type of service.Journal of health economics · 2017
    Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

3 authors.

Liran EinavDepartment of Economics, Stanford University, and NBER, 579 Serra Mall, Stanford, CA 94305- 6072.
Amy FinkelsteinDepartment of Economics, Massachusetts Institute of Technology, and NBER, 77 Massachusetts Avenue, Building E52, Room 442, Cambridge MA 02139.
Maria PolyakovaDepartment of Health Research and Policy, Stanford University, and NBER, Redwood Building T111, 150 Governor's Lane, Stanford, CA 94305.

Funding

Determinants of Elderly Health: The Role of Place-Based FactorsR37AG032449 · NIA · MASSACHUSETTS INSTITUTE OF TECHNOLOGY · PI FINKELSTEIN, AMY N. · 2020 to 2025
$5.9M
CORE--PROGRAM DEVELOPMENTP30AG017253 · NIA · STANFORD UNIVERSITY · PI BHATTACHARYA, JAY · 1999 to 2019
$5.8M
The Design of Social Insurance for the Elderly: Public Pensions & Health InsurancR01AG032449 · NIA · NATIONAL BUREAU OF ECONOMIC RESEARCH · PI EINAV, LIRAN, FINKELSTEIN, AMY N. · 2009 to 2019
$5.6M
Social Insurance Design and International Differences in Health at Older AgesR21AG052833 · NIA · NATIONAL BUREAU OF ECONOMIC RESEARCH · PI PERSSON, PETRA, POLYAKOVA, MARIA · 2016 to 2017
$423k
NIA NIH HHS P30 AG017253NIA NIH HHS R01 AG032449NIA NIH HHS R21 AG052833NIA NIH HHS R37 AG032449
6 · The paper itself

Abstract

We explore how private drug plans set cost-sharing in the context of Medicare Part D. While publicly-provided drug coverage typically involves uniform cost-sharing across drugs, we document substantial heterogeneity in the cost-sharing for different drugs within privately-provided plans. We also document that private plans systematically set higher consumer cost sharing for drugs or classes associated with more elastic demand; to do so we estimate price elasticities of demand across more than 150 drugs and across more than 100 therapeutic classes. We conclude by discussing the various channels that likely affect private plans' cost-sharing decisions.

Identifiers

PMID30233766
PMCPMC6141206

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.