skip to content
A dose of managed care : controlling drug spending in Medicaid Preview this item
ClosePreview this item
Checking...

A dose of managed care : controlling drug spending in Medicaid

Author: David Dranove; Christopher Ody; Amanda Kay Starc; National Bureau of Economic Research,
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2017.
Series: Working paper series (National Bureau of Economic Research), no. 23956.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Effectively designed market mechanisms may reduce growth in health care spending. In this paper, we study the impact of privatizing the delivery of Medicaid drug benefits on drug spending. Exploiting granular data that allow us to examine drug utilization, we find that drug spending would fall by 22.4 percent if the drug benefit was fully administered by Medicaid Managed Care Organizations (MCOs), largely through  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: David Dranove; Christopher Ody; Amanda Kay Starc; National Bureau of Economic Research,
OCLC Number: 1007343894
Notes: "October 2017"
Description: 1 online resource (75 pages) : illustrations, map.
Series Title: Working paper series (National Bureau of Economic Research), no. 23956.
Responsibility: David Dranove, Christopher Ody, Amanda Starc.

Abstract:

Effectively designed market mechanisms may reduce growth in health care spending. In this paper, we study the impact of privatizing the delivery of Medicaid drug benefits on drug spending. Exploiting granular data that allow us to examine drug utilization, we find that drug spending would fall by 22.4 percent if the drug benefit was fully administered by Medicaid Managed Care Organizations (MCOs), largely through lower point-of-sale prices and greater generic usage. The effects are driven by MCOs’ ability to design drug benefits and steer consumers toward lower cost drugs and pharmacies. MCOs do not appear to skimp on performance, either by reducing overall drug consumption as measured by prescriptions per enrollee or reducing utilization of drugs that offset other medical spending.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/1007343894> # A dose of managed care : controlling drug spending in Medicaid
    a schema:MediaObject, schema:CreativeWork, schema:Book ;
   library:oclcnum "1007343894" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Topic/managed_care_plans_medical_care> ; # Managed care plans (Medical care)
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Topic/drugs_prices> ; # Drugs--Prices
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Topic/prescription_pricing> ; # Prescription pricing
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Topic/prescription_pricing_united_states> ; # Prescription pricing--United States
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Topic/drug_utilization_united_states> ; # Drug utilization--United States
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Topic/drugs_prices_united_states> ; # Drugs--Prices--United States
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Topic/managed_care_plans_medical_care_united_states> ; # Managed care plans (Medical care)--United States
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Place/united_states> ; # United States.
   schema:about <http://experiment.worldcat.org/entity/work/data/4554804513#Topic/drug_utilization> ; # Drug utilization
   schema:author <http://experiment.worldcat.org/entity/work/data/4554804513#Person/dranove_david> ; # David Dranove
   schema:author <http://experiment.worldcat.org/entity/work/data/4554804513#Person/starc_amanda_kay> ; # Amanda Kay Starc
   schema:author <http://experiment.worldcat.org/entity/work/data/4554804513#Person/ody_christopher> ; # Christopher Ody
   schema:bookFormat schema:EBook ;
   schema:datePublished "2017" ;
   schema:description "Effectively designed market mechanisms may reduce growth in health care spending. In this paper, we study the impact of privatizing the delivery of Medicaid drug benefits on drug spending. Exploiting granular data that allow us to examine drug utilization, we find that drug spending would fall by 22.4 percent if the drug benefit was fully administered by Medicaid Managed Care Organizations (MCOs), largely through lower point-of-sale prices and greater generic usage. The effects are driven by MCOs’ ability to design drug benefits and steer consumers toward lower cost drugs and pharmacies. MCOs do not appear to skimp on performance, either by reducing overall drug consumption as measured by prescriptions per enrollee or reducing utilization of drugs that offset other medical spending."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/4554804513> ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/4554804513#Series/nber_working_paper_series> ; # NBER working paper series ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/4554804513#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
   schema:name "A dose of managed care : controlling drug spending in Medicaid"@en ;
   schema:productID "1007343894" ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/4554804513#Organization/national_bureau_of_economic_research> ; # National Bureau of Economic Research,
   schema:url <http://www.nber.org/papers/w23956> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/1007343894> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/4554804513#Organization/national_bureau_of_economic_research> # National Bureau of Economic Research,
    a schema:Organization ;
   schema:name "National Bureau of Economic Research," ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Person/dranove_david> # David Dranove
    a schema:Person ;
   schema:familyName "Dranove" ;
   schema:givenName "David" ;
   schema:name "David Dranove" ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Person/ody_christopher> # Christopher Ody
    a schema:Person ;
   schema:familyName "Ody" ;
   schema:givenName "Christopher" ;
   schema:name "Christopher Ody" ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Person/starc_amanda_kay> # Amanda Kay Starc
    a schema:Person ;
   schema:familyName "Starc" ;
   schema:givenName "Amanda Kay" ;
   schema:name "Amanda Kay Starc" ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/1007343894> ; # A dose of managed care : controlling drug spending in Medicaid
   schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/1007343894> ; # A dose of managed care : controlling drug spending in Medicaid
   schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Topic/drug_utilization_united_states> # Drug utilization--United States
    a schema:Intangible ;
   schema:name "Drug utilization--United States"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Topic/drugs_prices_united_states> # Drugs--Prices--United States
    a schema:Intangible ;
   schema:name "Drugs--Prices--United States"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Topic/managed_care_plans_medical_care> # Managed care plans (Medical care)
    a schema:Intangible ;
   schema:name "Managed care plans (Medical care)"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Topic/managed_care_plans_medical_care_united_states> # Managed care plans (Medical care)--United States
    a schema:Intangible ;
   schema:name "Managed care plans (Medical care)--United States"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Topic/prescription_pricing> # Prescription pricing
    a schema:Intangible ;
   schema:name "Prescription pricing"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4554804513#Topic/prescription_pricing_united_states> # Prescription pricing--United States
    a schema:Intangible ;
   schema:name "Prescription pricing--United States"@en ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.