Enrollment in Medicare Advantage Plans in Miami-Dade County: Evidence of Status Quo Bias?

Evidence from behavioral economics reveals that decision making in health care settings can be affected by circumstances and choice architecture. This paper conducts an analysis of choice of private Medicare plans (Medicare Advantage [MA] plans) in Miami-Dade County. We provide a detailed descriptio...

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Publicado en:Inquiry (00469580) Vol. 50; no. 3; pp. 202 - 216
Autores principales: Sinaiko, Anna D., Afendulis, Christopher C., Frank, Richard G.
Formato: research tables/charts Journal Article
Publicado: Sage Publications Inc. Aug2013
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Enrollment in Medicare Advantage Plans in Miami-Dade County: Evidence of Status Quo Bias?
      aug:
        au:
          Sinaiko, Anna D.
          Afendulis, Christopher C.
          Frank, Richard G.
        affil: Harvard School of Public Health, Boston, MA, USA
      sug:
        subj:
          Medicare Statistics and Numerical Data
          Health Maintenance Organizations Utilization
          Health Maintenance Organizations Statistics and Numerical Data
          Decision Making, Patient
          Eligibility Determination
          Human
          Funding Source
          Florida
          Fee for Service Plans
          Cost Benefit Analysis
          Retrospective Design
          Health Maintenance Organizations History
          Selection Bias
          Age Factors
          Insurance, Pharmaceutical Services
          Descriptive Statistics
          Economic Competition Florida
          Logistic Regression
          Models, Statistical Utilization
          Fees and Charges
          Probability
          Factor Analysis
          Administrative Research Florida
      ab: Evidence from behavioral economics reveals that decision making in health care settings can be affected by circumstances and choice architecture. This paper conducts an analysis of choice of private Medicare plans (Medicare Advantage [MA] plans) in Miami-Dade County. We provide a detailed description of the choice of MA plans available in Miami over much of the program's history. Our analysis suggests that first becoming eligible for Medicare is the key transition point for MA and that there is a significant status quo bias in the MA market. Policy that regulates the MA market should anticipate, monitor, and account for this consumer behavior.
      pubtype: Academic Journal
      doctype:
        research
        tables/charts
        Journal Article
      ougenre: Article
    language: English
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