Tag: increased insurer bargaining power
The brief’s key findings are: Medicare Part D, introduced in 2006, has clearly helped seniors by expanding drug coverage, but a key question is how it has affected the cost of drugs. By boosting demand and shifting market power from manufacturers to insurers, Part D could affect the behavior of both brand-name and generic drug…
Abstract A growing literature offers indirect evidence that the distribution of bargaining power within a household influences decisions made by the household. These results undermine the notion that a household can be treated as a “unitary” decision maker. The indirect evidence links household outcomes to variables that are assumed to influence the distribution of bargaining…
