Medical Economics

Financing the efficient delivery of medical services while reducing costs for consumers as well as health care providers is among the most challenging domestic policy problems many countries face. RAND addresses health economics issues through innovative, high-profile research in an effort to improve the efficiency of health care organizations, reduce costs for providers and consumers, and improve financing in health care markets.

Research conducted by: RAND Health; Bing Center for Health Economics; RAND Europe

All Items (1100)

Journal Article

Drug Licenses: A New Model for Pharmaceutical Pricing — Jan 1, 2008

High drug prices are a major barrier to patients' access to drugs and compliance with treatment.

Journal Article

How Costly Is Hospital Quality? A Revealed-Preference Approach — Jan 1, 2008

The authors inferred quality at hospitals in greater Los Angeles from the revealed preference of pneumonia patients. The authors then decompose the joint contribution of quality and unobserved productivity to hospital costs, relying on heterogeneous tastes among patients for plausibly exogenous quality variation. They found that more productive hospitals provide higher quality, demonstrating that the cost of quality improvement is substantially understated by methods that do not take into account productivity differences.

Journal Article

The Effect of Acupuncture Utilization on Healthcare Utilization — Jan 1, 2008

Determine whether acupuncture is a complement to or substitute for various medical services.

Journal Article

Hospital Pricing and the Uninsured: Do the Uninsured Pay Higher Prices? — Jan 1, 2008

Uses data from California to compare actual prices paid by uninsured patients with prices paid by commercial and Medicare patients. Uninsured patients pay prices similar to those of Medicare patients, and hospital prices to the uninsured have risen.

Journal Article

Have HMOs Broadened Their Hospital Networks? Changes in HMO Hospital Networks in California, 1999-2003 — Jan 1, 2008

Found little evidence that there have been systematic changes in either the structure or use of HMO hospital networks in California between 1999 and 2003, suggesting that these factors played a limited role in explaining growth in health care costs.

Journal Article

Challenges to Using a Business Case for Addressing Health Disparities — Jan 1, 2008

The authors consider the challenges to quantifying both the business case and the social case for addressing disparities, which is central to achieving equity in the U.S. health care system.

Journal Article

Dynamics of Work Disability and Pain — Jan 1, 2008

Investigates the role of pain dynamics in dynamics of self-reported work disability and of employment patterns of older workers in the United States. In addition to high pain prevalence, there are many transitions in and out of pain at these ages.

Journal Article

Does Age or Life Expectancy Better Predict Health Care Expenditures? — Jan 1, 2008

Finds that using life expectancy rather than age results in lower projections of future health care expenditures. This result suggests that increases in longevity might be less costly than models based on the current age profile of spending would predict.

Journal Article

A Better Way to Pay for Prescriptions — Jan 1, 2008

The pricing plans most people choose for their cell phones are simple: Pay one price and talk as much as you want. What if paying for your prescription drugs were as easy and appealing?

Journal Article

Medicare Part D: A Successful Start with Room for Improvement Spending — Jan 1, 2008

Medicare Part D represents a bold experiment to publicly fund, but privately sell and administer, prescription drug insurance. Since Part D should account for 1% of the U.S. economy in under 20 years, much is riding on Part D's success or failure.

Journal Article

Attrition in the RAND Health Insurance Experiment: A Response to Nyman — Jan 1, 2008

The authors obtained follow-up health-status data on the great majority of those who left prematurely. The authors found the health-status findings were insensitive to the inclusion of the attrition cases.

Journal Article

Age and Gender Differences in Medicare Expenditures and Service Utilization at the End of Life for Lung Cancer Decedents — Jan 1, 2008

Gender disparities in expenditures are generally small at the end of life for lung cancer decedents. The bigger observed differences are by age. Higher expenditures for women on social-supportive services may reflect fewer informal supports.

Journal Article

Is There a Disease Management Backlash? — Jan 1, 2008

Evidence that disease management improves quality of care and disease control suggests that it has beneficial effects even if it does not save money. Industry representatives say value for money is a better criterion than return on investment.

Journal Article

Employers' Health Insurance Cost Burden, 1996-2005 — Jan 1, 2008

Data from the Employment Cost Index show that health insurance costs relative to payroll increased 34 percent between 1996 and 2005 and that the increase was largest for businesses paying low wages; simultaneously, data from the Employee Benefits Survey show that benefit packages became less generous, yet cost growth was not paralleled by a commensurate decrease in employer offers.

Journal Article

Does How Much and How You Pay Matter? Evidence from the Inpatient Rehabilitation Care Prospective Payment System — Jan 1, 2008

Uses the implementation of a new prospective payment system (PPS) for inpatient rehabilitation facilities to investigate the effect on marginal and average reimbursement on costs. The PPS led to a significant decline in costs and length of stay.

Journal Article

Access to Care for Youth with Special Health Care Needs in the Transition to Adulthood — Jan 1, 2008

Insurance gaps and delayed care are prevalent for low-income young adults who aged out of a public program for children with special health care needs, despite ongoing health problems. Greater transition support might improve access.

Journal Article

Financial Incentives for Quality in Breast Cancer Care — Jan 1, 2008

Most breast cancer care providers in Los Angeles County outside of staff- or group-model HMOs are not subject to explicit financial incentives based on quality-of-care measures. New approaches are needed to direct incentives toward these specialists.

Journal Article

Medicare HMO Impact on Utilization at the End of Life — Jan 1, 2008

Medicare beneficiaries who died while enrolled in independent practice association model HMOs, including the Kaiser model, had many fewer hospital days during the two years before death than beneficiaries who died with fee-for-service coverage.

Journal Article

Health and Wealth of Elderly Couples: Causality Tests Using Dynamic Panel Data Models — Jan 1, 2008

A positive relationship between socio-economic status and health is found in many industrialized countries. This study analyzes competing explanations and finds strong evidence of causal effects from both spouses' health on household wealth.

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