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I examine the problem of writing guaranteed renewable health insurance in the presence of medical spending growth. Prior research suggests that the growth and difficulty in forecasting future medical costs is an impediment to multiperiod health insurance, where contract reserves are used to pay...
A novel survey dataset on computed tomography (CT) machine acquisition is used to explore which theories best answer two questions from the decision making literature. First, what determines how much uncertainty a firm has when investing in updated technology? Second, what determines the value...
In recent years, certain health policy makers have emphasized the need for an increase in preventive services interventions as means to improve health outcomes and cut health care costs. Oftentimes, the debate around the purported benefits of prevention centers on the need to cut the costs of...
Medicare had tried to incorporate outpatient prescription drugs into their benefits regime for many years. Medicare Prescription Drug, Improvement, and Modernization Act of 2003 is the most recent success after the repealed Medicare Catastrophic Coverage Act of 1988. There have been a lot of...
The literature on organizational niche suggests that competition between firms that have overlapping niches tends to elevate exit risks. Thus, firms tend to enter markets that are relatively uncrowded in order to minimize direct competition with other firms. Although this research has focused on...
Although research shows that nonpecuniary incentives can help stimulate both innovative output and firm-level productivity in R&D-intensive settings, organizations have difficulty creating and implementing these kinds of incentives, partly because the underlying social processes involved in...
With states facing tightening Medicaid budgets, the high cost of financing long-term care for the elderly through Medicaid has prompted proposals to make private long-term care insurance (LTCI) more affordable through tax incentives. The effectiveness of tax incentives for stimulating LTCI...
This dissertation is comprised of three separate essays that share a similar theme: physician private practices.The first essay revisits prior research that has proposed a general framework for physician cost function estimation. The econometric specification is a multi-product cost function,...
Although screening for breast cancer is broadly utilized in the United States, the optimal approach in terms of examination modality, frequency, and starting age is unclear. Furthermore, there is no consensus on the benefit from earlier, more frequent, or additional modes of screening for women...
HMP 607 is the third in a three-course sequence intended to impart to generalist administrators the knowledge of finance and accounting necessary to manage health care organizations. The first course, HMP 608, covers financial accounting. The second course, HMP 606, focuses on managerial...