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Subsidy Design in Privately-Provided Social Insurance: Lessons from Medicare Part D

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NBER2015-06-01 更新2025-01-04 收录
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The efficiency of publicly-subsidized, privately-provisioned social insurance programs depends on the interaction between strategic insurers and the subsidy mechanism. We study this interaction in the context of Medicare's prescription drug coverage program. We find that the observed mechanism is

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2015-06-01
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