Provider responses to online price transparency

Provider responses to online price transparency
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DOI:
10.1016/j.jhealeco.2019.06.001
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发表时间:
2019-07-01
影响因子:
3.5
通讯作者:
Whaley, Christopher M.
Whaley, Christopher M.
中科院分区:
经济学2区
文献类型:
--
作者:
Whaley, Christopher M.

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价格透明度倡议最近出现,作为解决消费者缺乏医疗保健价格信息的一个办法。本文使用一个领先的基于互联网的价格透明度平台的交错和全国范围内的扩散来估计价格透明度对供应商价格的影响。我发现同质服务,实验室测试的供应商价格降低了1-4%,但差异化服务,办公室访问没有价格反应。价格反应是由消费者积极使用价格信息驱动的。本文演示了如何降低消费者搜索成本可以刺激有限的公司在医疗保健市场的价格竞争。(C)2019爱思唯尔B. V.保留所有权利。
Price transparency initiatives have recently emerged as a solution to the lack of health care price information available to consumers. This paper uses the staggered and nationwide diffusion of a leading internet-based price transparency platform to estimate the effects of price transparency on provider prices. I find a 1-4% reduction in provider prices for homogenous services, laboratory tests, but find no price response for differentiated services, office visits. Price responses are driven by active consumer use of price information. This paper demonstrates how reducing consumer search costs can spur limited firm price competition in health care markets. (C) 2019 Elsevier B.V. All rights reserved.