Tag: Medicare
Abstract To curb rising Medicaid costs at the federal level, a number of recent policy proposals suggest capitation financing, under which program costs are fixed per beneficiary. This study examines to what extent more generous capitated federal subsidies would likely cause states to increase Medicaid enrollment. To answer this question, the analysis identifies a component…
Abstract Medicare Part D was established to expand outpatient prescription drug coverage to all seniors. An obvious effect of Part D was to improve the well-being of those who gained coverage by reducing their exposure to drug costs. But, the law also boosted demand for drugs used by those ages 65 and over, and extended…
