Effect of Prescription Drug Coverage on the Elderly's Use of Prescription Drugs
Nasreen Khan, Robert Kaestner
Inquiry: The Journal of Health Care Organization, Provision, and Financing · 2009
doi:10.5034/inquiryjrnl_46.01.33 (opens in a new tab)
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Abstract
This paper evaluates the effect of prescription drug insurance coverage on prescription drug use among the elderly. Estimates were obtained using multivariate regression and a fixed-effects (within-person) research design that controls for unmeasured person-specific effects that may confound the relationships of interest. Estimates showed prescription drug coverage was associated with a 4% to 10% increase in the utilization of prescription drugs, depending on the type and generosity of the coverage.
Abstract licence: CC BY-NC
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