Healing the poor: The influence of patient socioeconomic status on physician supply responses
Healing the poor: The influence of patient socioeconomic status on physician supply responses
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DOI:
10.1016/j.jhealeco.2019.02.001
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发表时间:
2019-03-01
影响因子:
3.5
通讯作者:
Lakdawalla, Darius N.
中科院分区:
文献类型:
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作者:
Chen, Alice;Lakdawalla, Darius N.
A longstanding literature explores how altruism affects the way physicians respond to incentives and provide care. We analyze how patient socioeconomic status mediates these responses. We show theoretically that patient socioeconomic status systematically influences the way physicians respond to reimbursement changes, and we identify the channels through which these effects operate. We use two Medicare reimbursement changes to investigate these insights empirically. We confirm that a given physician facing an increase in reimbursement boosts utilization by more when treating richer patients. We show that average supply price elasticities vary from 0.02 to 0.18 for a given physician, depending on the patient's socioeconomic status. Finally, we show that the Medicare reforms we study led to overall reimbursement increases that raised healthcare utilization by 10% more for high-income patients compared to their low-income peers. (C) 2019 Elsevier B.V. All rights reserved.