Screening Through Soft Spending Limits: Evidence from the Medicare Therapy Cap
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Governments and firms often use soft spending limits to curb overspending while allowing exceptions. We study a Medicare policy that capped per-patient physical therapy spending with exceptions for documented medical need. By screening out low-value care, the cap reduced spending by 8 percent
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美国国家经济研究局创建时间:
2025-04-01



