Choice Inconsistencies among the Elderly: Evidence from Plan Choice in the Medicare Part D Program

We evaluate the choices of elders across their insurance options under the Medicare Part D Prescription Drug plan, using a unique dataset of prescription drug claims matched to information on the characteristics of choice sets. We document that elders place much more weight on plan premiums than on...

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Bibliographic Details
Main Authors: Abaluck, Jason Todd (Contributor), Gruber, Jonathan (Contributor)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2012-09-24T18:10:58Z.
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