How Does Managed Care Do It?
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Full text of the requested work is not available in DASH at this time ("restricted access"). For more information on restricted deposits, see our FAQ.Author
McClellan, Mark
Newhous, Joseph P.
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https://doi.org/10.2307/2600999Metadata
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Cutler, David M., Mark McClellan, and Joseph P. Newhouse. 2000. How does managed care do it? Rand Journal of Economics 31(3): 526-548.Abstract
Integrating the health services and insurance industries, as health maintenance organizations (HMOs) do, could lower expenditure by reducing either the quantity of services or unit price or both. We compare the treatment of heart disease in HMOs and traditional insurance plans using two datasets from Massachusetts. The nature of these health problems should minimize selection. HMOs have 30% to 40% lower expenditures than traditional plans. Both actual treatments and health outcomes differ little; virtually all the difference in spending comes from lower unit prices. Managed care may yield substantial increases in measured productivity relative to traditional insurance.Other Sources
http://www.economics.harvard.edu/faculty/cutler/files/How%20Does%20Managed%20Care%20Do%20It.pdfCitable link to this page
http://nrs.harvard.edu/urn-3:HUL.InstRepos:2643884
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