Econ Comments & Analysis
NBER | Consumer Inertia and Firm Pricing in the Medicare Part D Prescription Drug Insurance Exchange
I use the Medicare Part D prescription drug insurance market to examine the dynamics of firm interaction with consumers on an insurance exchange. Enrollment data show that consumers face switching frictions leading to inertia in plan choice, and a regression discontinuity design indicates initial defaults have persistent effects.
Blogs
Political Calculations | Update: Visualizing the Growing Complexity of Medicare
How many pages does it take to explain the basics of the U.S. Medicare program?
