Medicare Part D and the Financial Protection of the Elderly
We examine the impact of the expansion of public prescription-drug insurance coverage from Medicare Part D and find evidence of substantial crowd-out. Using the 2002-2007 waves of the Medical Expenditure Panel Survey, we estimate the extension of Part D benefits resulted in 75 percent crowd-out of b...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
American Economic Association,
2012-09-24T19:43:22Z.
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| Subjects: | |
| Online Access: | Get fulltext |