Participation in Alternative Health Plans
The Role of Financial Incentives in Medicare Beneficiaries' Decisions
ResearchPublished 1991
Medicare beneficiaries choosing to enroll in an alternative health plan (AHP) must make a tradeoff between restricted choice of provider and financial incentives to enroll in the plan. This study examines this tradeoff empirically by estimating a model of beneficiary plan choice using survey data in which beneficiaries were asked to state a preference between several hypothetical AHPs and their current Medicare coverage. The results show that a substantial financial incentive is necessary to attract beneficiaries. For an incentive of a given amount, plans that provide financial protection against high-cost hospitalizations or long-term care are more attractive than plans that offer additional ambulatory benefits.
Document Details
- Copyright: RAND Corporation
- Availability: Available
- Year: 1991
- Print Format: Paperback
- Paperback Pages: 87
- Paperback Price: $25.00
- Paperback ISBN/EAN: 978-0-8330-1184-8
- Document Number: R-4105-HCFA
Citation
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Marquis, M. Susan and Jeannette Rogowski, Participation in Alternative Health Plans: The Role of Financial Incentives in Medicare Beneficiaries' Decisions, RAND Corporation, R-4105-HCFA, 1991. As of September 13, 2024: https://www.rand.org/pubs/reports/R4105.html
Marquis, M. Susan and Jeannette Rogowski, Participation in Alternative Health Plans: The Role of Financial Incentives in Medicare Beneficiaries' Decisions. Santa Monica, CA: RAND Corporation, 1991. https://www.rand.org/pubs/reports/R4105.html. Also available in print form.
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