Literature DB >> 21755570

How price responsive is the demand for specialty care?

Matthew L Maciejewski1, Chuan-Fen Liu, Andrew L Kavee, Maren K Olsen.   

Abstract

OBJECTIVES: Outpatient visit co-payments have increased in recent years. We estimate the patient response to a price change for specialty care, based on a co-payment increase from $15 to $50 per visit for veterans with hypertension. DESIGN, SETTING, AND PATIENTS: A retrospective cohort of veterans required to pay co-payments was compared with veterans exempt from co-payments whose nonequivalence was reduced via propensity score matching. Specialty care expenditures in 2000-2003 were estimated via a two-part mixed model to account for the correlation of the use and level outcomes over time, and results from this correlated two-part model were compared with an uncorrelated two-part model and a correlated random intercept two-part mixed model.
RESULTS: A $35 specialty visit co-payment increase had no impact on the likelihood of seeking specialty care but induced lower specialty expenditures over time among users who were required to pay co-payments. The log ratio of price responsiveness (semi-elasticity) for specialty care increased from -0.25 to -0.31 after the co-payment increase. Estimates were similar across the three models.
CONCLUSION: A significant increase in specialty visit co-payments reduced specialty expenditures among patients obtaining medications at the Veterans Affairs medical centers. Longitudinal expenditure analysis may be improved using recent advances in two-part model methods. Published 2011. This article is a US Government work and is in the public domain in the USA.

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Mesh:

Year:  2011        PMID: 21755570     DOI: 10.1002/hec.1759

Source DB:  PubMed          Journal:  Health Econ        ISSN: 1057-9230            Impact factor:   3.046


  2 in total

1.  The intersection of patient complexity, prescriber continuity and acute care utilization.

Authors:  Matthew L Maciejewski; Benjamin J Powers; Linda L Sanders; Joel F Farley; Richard A Hansen; Betsy Sleath; Corrine I Voils
Journal:  J Gen Intern Med       Date:  2014-01-10       Impact factor: 5.128

2.  Modeling Semicontinuous Longitudinal Expenditures: A Practical Guide.

Authors:  Valerie A Smith; Matthew L Maciejewski; Maren K Olsen
Journal:  Health Serv Res       Date:  2018-01-08       Impact factor: 3.402

  2 in total

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