Choice Inconsistencies among the Elderly: Evidence from Plan Choice in the Medicare Part D Program

We evaluate the choices of elders across their insurance options under the Medicare Part D Prescription Drug plan, using a unique dataset of prescription drug claims matched to information on the characteristics of choice sets. We document that elders place much more weight on plan premiums than on...

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Bibliographic Details
Main Authors: Abaluck, Jason Todd, Gruber, Jonathan
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: American Economic Association 2012
Online Access:http://hdl.handle.net/1721.1/73127
https://orcid.org/0000-0002-9877-3065