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• W2396915211 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." @default.
• W2396915211 created "2016-06-24" @default.
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• W2396915211 date "2018-08-01" @default.
• W2396915211 modified "2023-10-16" @default.
• W2396915211 title "Private Provision of Social Insurance: Drug-Specific Price Elasticities and Cost Sharing in Medicare Part D" @default.
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• W2396915211 doi "https://doi.org/10.1257/pol.20160355" @default.
• W2396915211 hasPubMedCentralId "https://www.ncbi.nlm.nih.gov/pmc/articles/6141206" @default.
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