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An Econometric Model of the Medicare System

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  • Martin S. Feldstein

Abstract

I. An overview of the Medicare model, 4.—II. Supplementary medical insurance, 5.—III. Hospital admissions, 8.—IV. Extended care unit admissions, 11.—V. Hospital insurance benefits per hospital episode (HIBPHE), 12.—VI. Supplementary insurance benefits, 15.—VII. The reduced form of the Medicare system, 16.—VIII. Concluding remarks, 19.

Suggested Citation

  • Martin S. Feldstein, 1971. "An Econometric Model of the Medicare System," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 85(1), pages 1-20.
    • Handle: RePEc:oup:qjecon:v:85:y:1971:i:1:p:1-20.
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    File URL: http://hdl.handle.net/10.2307/1881837
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    Citations

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    Cited by:

    1. Alan Hochstein, 1984. "A Cost Comparison in the Treatment of Long Stay Patients," Canadian Public Policy, University of Toronto Press, vol. 10(2), pages 177-184, June.
    2. Jan Paul Acton, 1976. "Demand for Health Care among the Urban Poor, with Special Emphasis on the Role of Time," NBER Chapters, in: The Role of Health Insurance in the Health Services Sector, pages 163-214, National Bureau of Economic Research, Inc.
    3. Till Bärnighausen & David E. Bloom, 2009. "Changing Research Perspectives on the Global Health Workforce," NBER Working Papers 15168, National Bureau of Economic Research, Inc.
    4. Louise B. Russell, 1975. "The Demand for Short Term Hospital Admissions under Medicare," The American Economist, Sage Publications, vol. 19(2), pages 9-17, October.
    5. Khwaja, Ahmed, 2010. "Estimating willingness to pay for medicare using a dynamic life-cycle model of demand for health insurance," Journal of Econometrics, Elsevier, vol. 156(1), pages 130-147, May.
    6. Tussing, A. Dale, 1985. "Irish Medical Care Resources: An Economic Analysis," Research Series, Economic and Social Research Institute (ESRI), number GRS126.

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