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Perverse incentives in the medicare prescription drug benefit

Article Abstract:

The perverse incentives that could emanate from Medicare's current prescription drug benefit design are examined. Perverse incentives are caused by risk adjustments for stand-alone prescription drug benefits. An analysis shows that the implementation of Medicare's drug benefit design requires regulations that will control drug prices and plan practices.

Author: Schwarz, Michael, McAdams, David
Publisher: Blue Cross and Blue Shield of the Rochester Area, Inc.
Publication Name: Inquiry
Subject: Health care industry
ISSN: 0046-9580
Year: 2007
Report

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Tearing Medicare Apart

Article Abstract:

The outcome of the execution of Medicare Modernization Act of 2003 (MMA) is presented. The effect of the two sections of MMA, which affects Medicare's funding from wealthy society, is described.

Author: Swartz, Katherine
Publisher: Blue Cross and Blue Shield of the Rochester Area, Inc.
Publication Name: Inquiry
Subject: Health care industry
ISSN: 0046-9580
Year: 2004
Interpretation and construction, Influence

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Demand for a Medicare prescription drug benefit: exploring consumer preferences under a managed competition framework

Article Abstract:

The economic feasibility of a Medicare prescription drug benefit is examined.

Author: Cline, Richard R., Mott, David A.
Publisher: Blue Cross and Blue Shield of the Rochester Area, Inc.
Publication Name: Inquiry
Subject: Health care industry
ISSN: 0046-9580
Year: 2003
Strategy & planning, Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Wisconsin, Old Age & Survivors Insurance, Drugs Reimbursement Benefits, Planning, Consumer preferences, Prescription drug plans, Health insurance industry, Company business planning, Old age assistance

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Subjects list: Research, United States, Laws, regulations and rules, Health care industry, Government regulation, Medicare
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