An Econometric Model of the Medicare System

1 February 1971

journal article
Published by Oxford University Press (OUP) in The Quarterly Journal of Economics

Vol. 85 (1) , 1-20
https://doi.org/10.2307/1881837

Abstract

I. An overview of the Medicare model, 4.—II. Supplementary medical insurance, 5.—III. Hospital admissions, 8.—IV. Extended care unit admissions, 11.—V. Hospital insurance benefits per hospital episode (HIBPHE), 12.—VI. Supplementary insurance benefits, 15.—VII. The reduced form of the Medicare system, 16.—VIII. Concluding remarks, 19.

Keywords

MEDICARE SYSTEM
HOSPITAL
ECONOMETRIC MODEL
INSURANCE BENEFITS
MEDICAL INSURANCE
UNIT ADMISSIONS
SUPPLEMENTARY INSURANCE

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