Literature DB >> 19486180

How much choice is too much? The case of the Medicare prescription drug benefit.

Yaniv Hanoch1, Thomas Rice, Janet Cummings, Stacey Wood.   

Abstract

OBJECTIVE: To study the impact of the number of choices and age on measures of performance in choosing a Medicare prescription drug plan. DATA SOURCE/STUDY
SETTING: One hundred ninty-two healthy individuals age 18 and older, half age 65 or older, in Claremont, California. STUDY
DESIGN: Participants were randomly assigned to 3, 10, or 20 hypothetical drug plans and asked four factual questions. Statistical models controlled for experimental group, age, gender, race, education, income, marital status, and health status. PRIMARY
FINDINGS: Older age and greater number of plans were significantly associated with fewer correct answers. Although older adults were less likely to identify the plan that minimized total annual cost, they were more likely to state that they were "very confident" they chose the correct plan.
CONCLUSIONS: The results raise concerns about the difficulties that older adults may have in navigating the wide range of drug plan choices available.

Entities:  

Mesh:

Year:  2009        PMID: 19486180      PMCID: PMC2739022          DOI: 10.1111/j.1475-6773.2009.00981.x

Source DB:  PubMed          Journal:  Health Serv Res        ISSN: 0017-9124            Impact factor:   3.402


  7 in total

1.  Maximizing versus satisficing: happiness is a matter of choice.

Authors:  Barry Schwartz; Andrew Ward; John Monterosso; Sonja Lyubomirsky; Katherine White; Darrin R Lehman
Journal:  J Pers Soc Psychol       Date:  2002-11

2.  Why using current medications to select a medicare Part D plan may lead to higher out-of-pocket payments.

Authors:  Marisa Elena Domino; Sally C Stearns; Edward C Norton; Wei-Shi Yeh
Journal:  Med Care Res Rev       Date:  2007-10-17       Impact factor: 3.929

3.  Can limiting choice increase social welfare? The elderly and health insurance.

Authors:  Yaniv Hanoch; Thomas Rice
Journal:  Milbank Q       Date:  2006       Impact factor: 4.911

4.  Medicare prescription drug benefit progress report: findings from a 2006 national survey of seniors.

Authors:  Patricia Neuman; Michelle Kitchman Strollo; Stuart Guterman; William H Rogers; Angela Li; Angie Mae C Rodday; Dana Gelb Safran
Journal:  Health Aff (Millwood)       Date:  2007-08-21       Impact factor: 6.301

5.  Medicare Part D: simplifying the program and improving the value of information for beneficiaries.

Authors:  Jack Hoadley
Journal:  Issue Brief (Commonw Fund)       Date:  2008-05

6.  Who thinks that part d is too complicated? Survey results on the medicare prescription drug benefit.

Authors:  Janet R Cummings; Thomas Rice; Yaniv Hanoch
Journal:  Med Care Res Rev       Date:  2008-10-03       Impact factor: 3.929

7.  Medigap reform legislation of 1990: a 10-year review.

Authors:  Peter D Fox; Rani E Snyder; Thomas Rice
Journal:  Health Care Financ Rev       Date:  2003
  7 in total
  21 in total

1.  Complexity, public reporting, and choice of doctors: a look inside the blackest box of consumer behavior.

Authors:  Mark Schlesinger; David E Kanouse; Steven C Martino; Dale Shaller; Lise Rybowski
Journal:  Med Care Res Rev       Date:  2013-09-01       Impact factor: 3.929

2.  Choosing the right medicare prescription drug plan: the effect of age, strategy selection, and choice set size.

Authors:  Yaniv Hanoch; Stacey Wood; Andrew Barnes; Pi-Ju Liu; Thomas Rice
Journal:  Health Psychol       Date:  2011-05-23       Impact factor: 4.267

3.  Can a More User-Friendly Medicare Plan Finder Improve Consumers' Selection of Medicare Plans?

Authors:  Steven C Martino; David E Kanouse; David J Miranda; Marc N Elliott
Journal:  Health Serv Res       Date:  2016-10-07       Impact factor: 3.402

4.  Determinants of coverage decisions in health insurance marketplaces: consumers' decision-making abilities and the amount of information in their choice environment.

Authors:  Andrew J Barnes; Yaniv Hanoch; Thomas Rice
Journal:  Health Serv Res       Date:  2014-04-30       Impact factor: 3.402

5.  Hospital Quality Reporting in the United States: Does Report Card Design and Incorporation of Patient Narrative Comments Affect Hospital Choice?

Authors:  Martin Emmert; Mark Schlesinger
Journal:  Health Serv Res       Date:  2016-06-20       Impact factor: 3.402

6.  Impact of Medicare Part D on Racial and Ethnic Minorities.

Authors:  JoEllen Jarrett Jamison; Junling Wang; Satya Surbhi; Samantha Adams; David Solomon; Kenneth C Hohmeier; Sharon McDonough; James C Eoff
Journal:  Divers Equal Health Care       Date:  2016-08-23

7.  More Is Not Always Better: Intuitions About Effective Public Policy Can Lead to Unintended Consequences.

Authors:  Ellen Peters; William Klein; Annette Kaufman; Louise Meilleur; Anna Dixon
Journal:  Soc Issues Policy Rev       Date:  2013-01-01

8.  Enrollment in prescription drug insurance: the interaction of numeracy and choice set size.

Authors:  Helena Szrek; M Kate Bundorf
Journal:  Health Psychol       Date:  2013-06-24       Impact factor: 4.267

9.  Complex Medicare advantage choices may overwhelm seniors--especially those with impaired decision making.

Authors:  J Michael McWilliams; Christopher C Afendulis; Thomas G McGuire; Bruce E Landon
Journal:  Health Aff (Millwood)       Date:  2011-08-18       Impact factor: 6.301

10.  Choice, numeracy, and physicians-in-training performance: the case of Medicare Part D.

Authors:  Yaniv Hanoch; Talya Miron-Shatz; Helen Cole; Mary Himmelstein; Alex D Federman
Journal:  Health Psychol       Date:  2010-07       Impact factor: 4.267

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