Despite increasing recognition of the link between health and economic development in low-
income countries, the relationship has to date received scant attention in rich countries. We …

Context Medicare Part C, or Medicare Advantage (MA), now almost 30 years old, has
generally been viewed as a policy disappointment. Enrollment has vacillated but has never …

We consider firms in the context of their business ecosystems and explore how differences
in the ways in which firms are organized with respect to complementary activities affect their …

In most US health insurance markets, plans face strong incentives to upcode the patient
diagnoses they report to the regulator, as these affect the risk-adjusted payments that plans …

This paper investigates the effects of market-wide changes in health insurance by examining
the single largest change in health insurance coverage in American history: the introduction …

We study the impact of the introduction of one of the major pillars of the social insurance
system in the United States: the introduction of Medicare in 1965. Our results suggest that, in …

Health care is neither “a necessity” or “a luxury”; it is “both” since the income elasticity varies
with the level of analysis. With insurance, individual income elasticities are typically near …

Background: Elderly patients who leave an acute care hospital after a stroke or a hip fracture
may be discharged home, or undergo postacute rehabilitative care in an inpatient …

In this paper, we explore the role patient incentives play in slowing healthcare spending
growth. Evidence suggests that while patients do indeed respond to financial incentives …

This paper examines the implications of regulatory change for input mix and technology
choices of regulated industries. We study the increase in the relative price of labor faced by …