… We develop a simple model to show that plans’ endogenous response to risk adjustment …
it using data from the Medicare Current Beneficiary Survey (MCBS). Before risk adjustment, MA …

… risks. Next, we estimate the relation between M+C plan benefits in 1999 and a measure of
risk selection … drug coverage in particular, attract high risks. The implication is that M+C plans …

… relative to those who remained in traditional Medicare markedly … similar policies to combat
risk selection, our results give … selection into the Medicare Advantage program declined. …

… Medicare prescription drug coverage. Specifically, we attempt to determine whether adverse
risk selection in PDPs without risk adjustment, risk … Beneficiary i will choose plan j if Uij > Uik …

… beneficiary characteristics on the probability of enrollment in a Medicare+Choice plan. …
benefits on risk selection could be ignored because the costs associated with selection rate. …

… We hypothesize that despite the MMA, favorable risk selection has not been eliminated
when examining mortality differences and switch rates, particularly, in the NH enrollees. …

… in risk selection, we compared differences in self-reported health care use and health between
Medicare Advantage and traditional Medicare … observe Medicare Advantage plan choices …

… This procedure removes the effects of differential health risk selection into Part D, either at
a point in time or over time, because there is no reason to believe that coding intensity would …

… more accurately estimate capitated payments to Medicare Advantage (MA) plans to reflect …
of risk selection. We examine the competing claims and analyze the risk selection behavior of …

… characteristics to attract good risks and one with fixed plan characteristics; … -selection
regulations is an important policy question, especially since the Medicare Advantage program has …