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Equilibrium Effects of Health Care Price Information
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| Zeitschriftentitel: | The Review of Economics and Statistics |
|---|---|
| Personen und Körperschaften: | |
| In: | The Review of Economics and Statistics, 101, 2019, 4, S. 699-712 |
| Format: | E-Article |
| Sprache: | Englisch |
| veröffentlicht: |
MIT Press - Journals
|
| Schlagwörter: |
| author_facet |
Brown, Zach Y. Brown, Zach Y. |
|---|---|
| author |
Brown, Zach Y. |
| spellingShingle |
Brown, Zach Y. The Review of Economics and Statistics Equilibrium Effects of Health Care Price Information Economics and Econometrics Social Sciences (miscellaneous) |
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brown, zach y. |
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Brown, Zach Y. 0034-6535 1530-9142 MIT Press - Journals Economics and Econometrics Social Sciences (miscellaneous) http://dx.doi.org/10.1162/rest_a_00765 <jats:title>Abstract</jats:title> <jats:p>Do information frictions in health care markets lead to higher prices and price dispersion? Focusing on medical imaging procedures, this paper examines the equilibrium effect of a unique statewide price transparency website. Price information leads to a shift to lower-cost providers, especially for patients subject to a deductible. Furthermore, supply-side effects play a significant role in the long run, benefiting all insured individuals. Supply-side effects reduce price dispersion and are especially relevant in concentrated markets. These effects are important given that high prices are thought to be a primary cause of high private health care spending.</jats:p> Equilibrium Effects of Health Care Price Information The Review of Economics and Statistics |
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equilibrium effects of health care price information |
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Economics and Econometrics Social Sciences (miscellaneous) |
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http://dx.doi.org/10.1162/rest_a_00765 |
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2019 |
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699-712 |
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<jats:title>Abstract</jats:title>
<jats:p>Do information frictions in health care markets lead to higher prices and price dispersion? Focusing on medical imaging procedures, this paper examines the equilibrium effect of a unique statewide price transparency website. Price information leads to a shift to lower-cost providers, especially for patients subject to a deductible. Furthermore, supply-side effects play a significant role in the long run, benefiting all insured individuals. Supply-side effects reduce price dispersion and are especially relevant in concentrated markets. These effects are important given that high prices are thought to be a primary cause of high private health care spending.</jats:p> |
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| description | <jats:title>Abstract</jats:title> <jats:p>Do information frictions in health care markets lead to higher prices and price dispersion? Focusing on medical imaging procedures, this paper examines the equilibrium effect of a unique statewide price transparency website. Price information leads to a shift to lower-cost providers, especially for patients subject to a deductible. Furthermore, supply-side effects play a significant role in the long run, benefiting all insured individuals. Supply-side effects reduce price dispersion and are especially relevant in concentrated markets. These effects are important given that high prices are thought to be a primary cause of high private health care spending.</jats:p> |
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| spelling | Brown, Zach Y. 0034-6535 1530-9142 MIT Press - Journals Economics and Econometrics Social Sciences (miscellaneous) http://dx.doi.org/10.1162/rest_a_00765 <jats:title>Abstract</jats:title> <jats:p>Do information frictions in health care markets lead to higher prices and price dispersion? Focusing on medical imaging procedures, this paper examines the equilibrium effect of a unique statewide price transparency website. Price information leads to a shift to lower-cost providers, especially for patients subject to a deductible. Furthermore, supply-side effects play a significant role in the long run, benefiting all insured individuals. Supply-side effects reduce price dispersion and are especially relevant in concentrated markets. These effects are important given that high prices are thought to be a primary cause of high private health care spending.</jats:p> Equilibrium Effects of Health Care Price Information The Review of Economics and Statistics |
| spellingShingle | Brown, Zach Y., The Review of Economics and Statistics, Equilibrium Effects of Health Care Price Information, Economics and Econometrics, Social Sciences (miscellaneous) |
| title | Equilibrium Effects of Health Care Price Information |
| title_full | Equilibrium Effects of Health Care Price Information |
| title_fullStr | Equilibrium Effects of Health Care Price Information |
| title_full_unstemmed | Equilibrium Effects of Health Care Price Information |
| title_short | Equilibrium Effects of Health Care Price Information |
| title_sort | equilibrium effects of health care price information |
| title_unstemmed | Equilibrium Effects of Health Care Price Information |
| topic | Economics and Econometrics, Social Sciences (miscellaneous) |
| url | http://dx.doi.org/10.1162/rest_a_00765 |