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Effects of prescription drug insurance on hospitalization and mortality: evidence from medicare part D

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      <subfield code="a">Kaestner, Robert</subfield>
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      <subfield code="a">Effects of prescription drug insurance on hospitalization and mortality: evidence from medicare part D</subfield>
      <subfield code="c">Robert Kaestner, Cuping Schiman, G. Caleb Alexander</subfield>
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      <subfield code="a">We used Medicare administrative data (20022009) and an instrumental  variables design that exploits the natural experiment created by the implementation of Medicare Part D to estimate the effect of prescription drug coverage insurance on the use and costs of inpatient  services. We find that gaining prescription drug insurance through Part D caused approximately a 4 percent decrease in hospital admission rate, a 25 percent decrease in Medicare inpatient payments per person, and a 1015 percent decrease in inpatient charges. Among specific types of admissions, gaining insurance was associated with significant decreases in admissions for CHF and COPD.</subfield>
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      <subfield code="a">Hospitales</subfield>
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      <subfield code="a">Mortalidad</subfield>
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      <subfield code="a">Schiman, Cuping</subfield>
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      <subfield code="t">The Journal of risk and insurance</subfield>
      <subfield code="d">Nueva York : The American Risk and Insurance Association, 1964-</subfield>
      <subfield code="x">0022-4367</subfield>
      <subfield code="g">02/09/2019 Volumen 86 Número 3 - septiembre 2019 , p. 595-628</subfield>
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