Price and the health plan choices of retirees.

摘要: Abstract This study analyzes health plan choices of retirees in an employer-sponsored benefits program that resembles “premium support” models proposed for Medicare. In this program, out-of-pocket premiums depend on when individual retired and his or her years service as date. Since price variation is exogenous to unobserved attributes retiree characteristics, it possible obtain unbiased premium elasticity estimates. The results indicate a significantly negative effect premiums. implied elasticities are at the low end range found previous studies active employees.