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Results from search: http://papers.nber.org/papers/W4700

Information and the Demand for Supplemental Medicare Insurance home page   working papers   new this week   contact us   search:     Home Page Publications Working Papers Purchase $5 Subscribe Papers help Search again Research Data People Links Information and the Demand for Supplemental Medicare Insurance Paul Gertler, Roland Sturm, Bruce Davidson NBER Working Paper No.w4700 Issued in April 1994 ---- Abstract ----- While the critical role of imperfect information has become axiomatic in explaining health care market failure, the theory is backed by little empirical evidence. In this paper we use a unique panel data set with explicit measures of information and an educational intervention to investigate the role of imperfect information about health insurance benefits on the demand for supplemental Medicare insurance. We estimate a structural discrete choice model of the demand for supplemental Medicare insurance that allows imperfect information to affect both the mean and the variance of the expected benefits distribution. The empirical specification is a structural panel multinomial probit with an unrestricted variance- covariance, including heteroskedasticity and random effects to control for unobserved heterogeneity. The model is computationally complex and is estimated by simulated maximum likelihood. The empirical results indicate that imperfect information affects the demand for supplemental Medicare insurance by increasing the variance of the expected benefits distribution rather than by systematically shifting the mean of the distribution. We find that the increase in variance due to imperfect information increases the probability of choosing not to purchase supplemental insurance by about 23%. We also found that controlling for unobserved heterogeneity is important. The goodness of fit increased by about 25% and the precision of the estimated effect of information on the variance of the expected benefits distribution improved dramatically. You may purchase this paper on-line in .pdf format from SSRN.com ($5) for electronic delivery. Information for subscribers and others expecting no-cost downloads If you normally receive free downloads but are having trouble with the new system, please contact us . Please comment on the new system .


Results from search: http://www.aarp.org/hcchoices/medicare/supplement/home.html

AARP Webplace | Educated Health Care Choices search  jump to  - select one & press go - ........................ Member Services About AARP Computers & Technology Health & Wellness Learning Legislation & Elections Life Answers Money & Work Research Travel & Leisure Volunteering This information is designed for people who have Original Medicare and want to learn more and make educated decisions about how to cover their health care costs. Medigap (Medicare Supplemental) insurance covers some of the costs not paid by Original Medicare, like the coinsurance payments for doctors' and hospital services. Contents Medicare and Medigap Medigap Basics Medigap Extra Benefits Medigap Coverage By Benefit Medigap Coverage By Plan How to Choose a Medigap Insurance Company Enrollment Waiting Periods and Switching Things You Need to Know If... Your Rights Resources Glossary | Educated Health Care Choices | AARP home   |   advanced search   |   join/renew AARP   |   contact AARP   |   online community   |   what's new Copyright 1995-2002, AARP. All rights reserved. AARP Privacy Policy .


Results from search: http://www.medicare.gov/Choices/Overview.asp

Medicare.gov - Medicare Plan Choices Overview d   Screen Reader Version   |   Español   |     | Home   |  Glossary   |  Help   | Frequently Asked Questions   |  The Official U.S. Government Site for People with Medicare    Search Help   |   Site Map   |   Index   |   Site Tips   | Medicare Eligibility, Enrollment, and Premiums Nursing Homes Medicare Plan Choices Medicare Claims, Appeals Information, and Medicare Summary Notices Information to Help You Stay Healthy Frequently Asked Questions Have a question? Your answer could be here. Search Tools Medicare Personal Plan Finder Nursing Home Compare Prescription Drug Assistance Programs Dialysis Facility Compare Participating Physician Directory Supplier Directory Helpful Contacts Publications Your Medicare Coverage (coming soon) Local Medicare Events Medicare Health Plan Compare Medigap Compare Medicare Plan Choices Overview Medicare Health Plan Choices in 2002: Describes your health plan choices for 2002. Search Tools Medicare Personal Plan Finder: Helps you compare the Original Medicare plan, Medicare + Choice plans and Medigap plans available in your area. Medicare Health Plan Compare: Helps you comparison shop for health plans by looking at costs, benefits, and quality. Also included is information on plan members leaving managed care plans. Health plans include: Original Medicare Plan, Medicare Managed Care Plans (HMOs), and Medicare Private Fee-for-Service Plans. Medigap Compare: Helps you locate supplemental insurance policies to cover expenses not paid by Medicare. It also gives you information on how to contact the insurance companies. Local Medicare Events: Allows you to search for upcoming beneficiary events in your area. These events cover a broad range of Medicare topics and many types of events may be sponsored in your area. Supplemental Insurance Guide to Health Insurance for People With Medicare: links you to an information guide to help beneficiaries with purchasing Medigap supplemental insurance, using Medigap supplemental insurance and other kinds of health insurance. Employer or Union Group Health Insurance: describes the special rules that apply to beneficiaries who have group health plan coverage through their own or their spouse's current employment. Other Information Medicare Plan Options and Supplemental Insurance Publications: links you to the site's Publications Page. You will be taken directly to the section containing "Medicare Plan Options and Supplemental Insurance" related publications. Easy Print Overview Medicare Health Plan Choices in 2002 Medicare Health Plan Compare Medicare Personal Plan Finder Medigap Compare Local Medicare Events Guide to Health Insurance for People with Medicare Employer or Union Group Health Insurance Medicare Plan Options and Supplemental Insurance Publications   Home   |   Privacy Policy   |   Awards   |   Comments   |   Mailing List   |   Website Accessibility   | Centers for Medicare & Medicaid Services Department of Health and Human Services 77


Results from search: http://www.medicare.gov/

Medicare.gov - The Official U.S. Government Site for People with Medicare d   Screen Reader Version   |   Español   |     | Home   |  Glossary   |  Help   | Frequently Asked Questions   |  The Official U.S. Government Site for People with Medicare    Search Help   |   Site Map   |   Index   |   Site Tips   | Medicare Eligibility, Enrollment, and Premiums Nursing Homes Medicare Plan Choices Medicare Claims, Appeals Information, and Medicare Summary Notices Information to Help You Stay Healthy Frequently Asked Questions Have a question? Your answer could be here. Search Tools Medicare Personal Plan Finder Nursing Home Compare Prescription Drug Assistance Programs Dialysis Facility Compare Participating Physician Directory Supplier Directory Helpful Contacts Publications Your Medicare Coverage (coming soon) Local Medicare Events Medicare Health Plan Compare Medigap Compare News and Updates Frequently Asked Questions More News and Updates Search Tools Medicare Personal Plan Finder Helping you compare health plans in your area. Nursing Home Compare Compare nursing homes in your area. Prescription Drug Assistance Programs Programs that offer discounted or free medications. Dialysis Facility Compare Compare dialysis facilities in your area. Participating Physician Directory Locate Medicare participating physicians in your area. Supplier Directory Locate Medicare participating suppliers in your area. Helpful Contacts Find phone numbers and websites. Publications View, order, or download Medicare publications. Your Medicare Coverage (coming soon) Your health care coverage in the Original Medicare Plan. Local Medicare Events Includes events on Medicare related topics. Medicare Health Plan Compare Compare health plans in your area. Medigap Compare Locate supplemental insurance policies to cover expenses not paid by Medicare.   Home   |   Privacy Policy   |   Awards   |   Comments   |   Mailing List   |   Website Accessibility   | Centers for Medicare & Medicaid Services Department of Health and Human Services 77


Results from search: http://ideas.uqam.ca/ideas/data/Papers/nbrnberwo4700.html

Information and the Demand for Supplemental Medicare Insurance This file is part of IDEAS , which uses RePEc data [ Series | JEL Classification | Search | Viewers | New papers by email | Author registration | Top hits | Tutorial | Help! ] This item is available for download, see at bottom Information and the Demand for Supplemental Medicare Insurance Paul Gertler Roland Sturm Bruce Davidson While the critical role of imperfect information has become axiomatic in explaining health care market failure, the theory is backed by little empirical evidence. In this paper we use a unique panel data set with explicit measures of information and an educational intervention to investigate the role of imperfect information about health insurance benefits on the demand for supplemental Medicare insurance. We estimate a structural discrete choice model of the demand for supplemental Medicare insurance that allows imperfect information to affect both the mean and the variance of the expected benefits distribution. The empirical specification is a structural panel multinomial probit with an unrestricted variance- covariance, including heteroskedasticity and random effects to control for unobserved heterogeneity. The model is computationally complex and is estimated by simulated maximum likelihood. The empirical results indicate that imperfect information affects the demand for supplemental Medicare insurance by increasing the variance of the expected benefits distribution rather than by systematically shifting the mean of the distribution. We find that the increase in variance due to imperfect information increases the probability of choosing not to purchase supplemental insurance by about 23%. We also found that controlling for unobserved heterogeneity is important. The goodness of fit increased by about 25% and the precision of the estimated effect of information on the variance of the expected benefits distribution improved dramatically. Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 4700. Handle: RePEc:nbr:nberwo:4700 Keywords: Related papers by JEL classification: D8 - Microeconomics - - Information and Uncertainty I1 - Health, Education, and Welfare - - Health Length: Date of creation: Apr 1994 Date of revision: Availability: out of print Note: HE Contact details of provider: Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A. Phone: 617-868-3900 Web page: http://www.nber.org Order Information: For technical questions: feenberg@nber.org (). To download: If you experience problems downloading a file check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help file . Note that these files are not on the IDEAS site. Please be patient as the files may be large. File URL: http://www.nber.org/papers/w4700.pdf File Format: application/pdf File Function: Download Restriction: Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html. Access and download statistics This page was last updated on 2002-5-10. This information is provided to you by IDEAS at UQAM using RePEc data


Results from search: http://netec.mcc.ac.uk/WoPEc/data/Papers/nbrnberwo4700.html

Information and the Demand for Supplemental Medicare Insurance mirrored in Providing the latest research results since 1993    Search : tips: title=fiscal or author=levine   Working Papers Series Journals Authors JEL Classification Home >> Working Papers Series >> NBER Working Papers >> Information and the Demand for Supplemental Medicare Insurance   Information and the Demand for Supplemental Medicare Insurance Paul Gertler Roland Sturm Bruce Davidson   NBER Working Papers 4700 / National Bureau of Economic Research, Inc ( web site ) (RePEc:nbr:nberwo:4700) Related papers by JEL classification: D8: Information and Uncertainty I1: Health Abstract: While the critical role of imperfect information has become axiomatic in explaining health care market failure, the theory is backed by little empirical evidence. In this paper we use a unique panel data set with explicit measures of information and an educational intervention to investigate the role of imperfect information about health insurance benefits on the demand for supplemental Medicare insurance. We estimate a structural discrete choice model of the demand for supplemental Medicare insurance that allows imperfect information to affect both the mean and the variance of the expected benefits distribution. The empirical specification is a structural panel multinomial probit with an unrestricted variance- covariance, including heteroskedasticity and random effects to control for unobserved heterogeneity. The model is computationally complex and is estimated by simulated maximum likelihood. The empirical results indicate that imperfect information affects the demand for supplemental Medicare insurance by increasing the variance of the expected benefits distribution rather than by systematically shifting the mean of the distribution. We find that the increase in variance due to imperfect information increases the probability of choosing not to purchase supplemental insurance by about 23%. We also found that controlling for unobserved heterogeneity is important. The goodness of fit increased by about 25% and the precision of the estimated effect of information on the variance of the expected benefits distribution improved dramatically. Creation: Apr 1994 Note: HE Availability: out of print Order-url: http://www.nber.org/papers/w4700 Restriction: Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html.   ( go top ) Information for authors: Are you an author of this paper? Please take the time and register at our new service. Read all about it at: http://netec.mcc.ac.uk/HoPEc/geminiabout.html . Note you do not need to register in order to use the search service!!   Download this document application/pdf (Main Text)   Access statistics           WoPEc is a RePEc service managed by Jose Manuel Barrueco and Fethy Mily , If you have any problem, please < contact us > Last updated: 2002-05-06 06:42:26


Results from search: http://www.assistedlivingforum.com/finance_insurance/insurance/insurance_medicare.html

Assisted Living - Medicare and Supplemental Insurance Medicare Insurance - Part A and Part B Medicare Americans who reach 65 years of age are usually eligible to participate in Medicare. Medicare also covers people younger than 65 if they are disabled. There are two parts to Medicare coverage. They are known as Medicare Part A and  Medicare Part B. Medicare Part A is provided at no charge to the insured person, while Part B is is provided at a cost to the insured party. Most seniors pay their Part B premiums through an automatic deduction from their Social Security checks. Medicare Part A (no premium) covers: Up to 90 days of hospital care (in-patient) per benefit period. (A benefit period ends when a patient has been pout of the hospital for 60 consecutive days.)   There is no limit to how many benefit periods a person can have, as long as the 60-day qualification is met. There is a deductible for hospital care. The deductible is the patient's responsibility and is either paid by the patient or through supplemental insurance: For the first 60 days of hospital care, the deductible is $764 per day. For the next 30 days (day 61 through day 90) there is a co-pay of $191 per day. Part A covers inpatient care in a participating skilled nursing facility Part A covers hospice care Part A provides coverage for home health care Medicare Part B (premium charged) covers: Physician services Doctor office visits Outpatient care (hospital, outpatient surgery center, etc.) Medical diagnostic tests. (such as blood work, etc.) Medical devices & equipment (with certain restrictions) Ambulance transportation Some other services and supplies which are not covered under Medicare Part A. Please note that this is merely summary information and that you can find much more detailed information at the US Government's Official Medicare website at: www.medicare.gov Next Stop: Supplemental Insurance     Section outline for Assisted Living Insurance Resources: Introduction Medicare Insurance Medicare Part A Medicare Part B Supplemental Insurance Medigap Insurance HMO's - Health Maintenance Organizations Long Term Care Insurance   Home | Message Boards |  Personal Stories | General Information Finance & Insurance | Government & Legal | Making It A New Home Feedback | Site Map | Search | Common Questions Questions or comments? Please send e-mail to emily@assistedlivingforum.com Copyright © 2000-2001 - by Assisted Living Forum - All rights reserved. Important Legal Information & Usage Policy - Please Read This page was last updated: Tuesday, November 27, 2001                            


Results from search: http://www.healthbroker.com/medicare.html

Medigap Supplementation and Medicare Insurance. Hospital and Supplemental Medical Insurance for California Residents I nsurance A dvisors www.HealthBroker.com Kathy Hope 800-792-9114 E-Mail Us! Free Quote Medicare Insurance & Medigap Supplementation   California Health and Life License #0793269 Home Overview Contact Us Individual & Family Group & Business Auxillary Temporary Medicare Long Term Care Life Applications Links Medicare is a federal insurance program for people age 65 and older and certain disabled people. It is run by the Health Care Financing Administration (HCFA), which is part of the United States Department of Health and Human services. Medicare is the nations's largest health insurance program and covers 39 million Americans. The Medicare supplemental insurance program consists of: Medicare Part A - Hospital Insurance for hospital, skilled nursing facility, home health and hospice care. Medicare Part B - Supplemental medical insurance for doctor services, outpatient hospital services, durable medical equipment and a number of other medical services and supplies. A third availability is limited coverage for preventative services. Not "ALL" medical charges are paid for by Medicare. Some services are not covered at all. Medicare supplements, also known as Medigap insurance policies, fill in the "gaps" left by Medicare. Medigap policies are offered by private insurance companies. Insurance Advisors is here to assist you in sorting it all out. We will assist in your understanding of all the Medicare and Medigap choices and match you with the very best package for you. You will be able to make a sound decision and feel secure about your future care.     Medigap Policies     Medigap policies are sold in 10 standardized plans. This list gives you a quick and easy look at all the Medigap insurance plans and what benefits are in each plan. Basic Benefits Included in All 10 Plans Inpatient Hospital Care: Covers the Part A coinsurance and the cost of 365 extra days of hospital care during your lifetime after Medicare insurance coverage ends. Medical Costs: Covers the Part B coinsurance (generally 20%of the Medicare-approved payment amount) Blood: Covers the first 3 pints of blood each year. The Ten Plans Plan A Policy Basic Benefits Plan B Policy Basic Benefits Medicare Part A Deductible Plan C Policy Basic Benefits Skilled Nursing Coinsurance Medicare Part A Deductible Medicare Part B Deductible Foreign Travel Emergency Plan D Policy Basic Benefits Skilled Nursing Coinsurance Medicare Part A Deductible Foreign Travel Emergency At-Home Recovery Plan E Policy Basic Benefits Skilled Nursing Coinsurance Medicare Part A Deductible Foreign Travel Emergency Preventive Care Plan F Policy Basic Benefits Skilled Nursing Coinsurance Medicare Part A Deductible Medicare Part B Deductible Medicare Part B Excess (100%) Foreign Travel Emergency Note: Plan F has a high deductible option. Plan G Policy Basic Benefits Skilled Nursing Coinsurance Medicare Part A Deductible Medicare Part B Excess (80%) Foreign Travel Emergency At-Home Recovery Plan H Policy Basic Benefits Skilled Nursing Coinsurance Medicare Part A Deductible Foreign Travel Emergency Basic Drug Benefit ($1,250 limit) Plan I Policy Basic Benefits Skilled Nursing Coinsurance Medicare Part A Deductible Medicare Part B Excess (100%) foreign Travel Emergency At-Home Recovery Basic Drug Benefit ($1,250 Limit) Plan J Policy Basic Benefits Medicare Part A Deductible Medicare Part B Deductible Medicare Part B Excess (100%) Foreign Travel Emergency At-Home Recovery Extended Drug Benefit ($3,000 Limit) Preventive Care Note: Plan J has a high deductible option.       Request For Quote          Download Applications Carriers We Often Recommend to California Residents Blue Cross - Blue Shield - Healthnet Cal Farm - Conseco - Aetna - United Health - Kaiser It's alot! Contact us "now" to help you make the right decision. 800-792-9114    


Results from search: http://moneycentral.msn.com/insure/home.asp

Insurance Home - MSN Money   MSN Home    |   My MSN    |   Hotmail    |   Search    |   Shopping    |   Money    |   People & Chat    |      Home       My Money       Investing       Banking       Planning       Taxes       |   Help         Planning Home       Retirement       Budgeting       Insurance       College      Search MSN Money     Insurance Planner Use our Planner to verify your coverage needs Tools .  Life Insurance Estimator     more... Insurance quotes .  Auto .  Home .  Life .  Health Quick Search .  Auto .  Disability .  Home .  Liability .  Life     more... Q&A Find answers to common insurance questions Step-by-Step Guides .  Insure Your Auto .  Insure Your Home .  Insure Your Life .  Insure Your Health MSN Links .  Get the car for you .  Buy or sell a home    Auto Get free, non-binding auto quotes from some of the nation's leading insurers.    Home Protect your most valuable assets; get home, condo or renters insurance quotes .      Life Protect your family's future and your peace of mind. Get quotes in five minutes.    Health Get insurance quotes for individual and supplemental medicare coverage.  Highlights from Insurance Providers       customize       Insurance.com Life Insurance - How Much? Get Life Insurance Quotes Auto Insurance 101 Shop for Auto Quotes Homeowners Basics  Insurance Commentary 4 ways to protect your financial freedom   An illness, a wreck, a misstep on a ladder -- any of them could dramatically upset the life you've worked so hard to build. Here's how to shield yourself. more articles... .  Know your insurance rights if a crisis strikes .  The 4 deadliest cars of all time .  The 5 safest cars of all time  Ask Our Expert Ginger Applegarth, financial planner and author of Wake Up and Smell the Money , answers reader questions. Post yours in the Your Money message board. MSN Money Search MSN Money | Message Boards | Site Map | Contact Us     More Useful Everyday    MSN Home    |   My MSN    |   Hotmail    |   Search    |   Shopping    |   Money    |   People & Chat    |   ©2002 Microsoft Corporation. All rights reserved. Terms of Use    Advertise    TRUSTe Approved Privacy Statement


Results from search: http://www.lowinsure.com/Medicare_Supplements.htm

Medicare Supplemental Insurance for Oregon Medicare Supplements: Although the benefits are identical for all Medicare Supplemental Insurance Plans of the same type, the premiums may vary greatly from company to company and area to area. In Oregon there are 25 companies that sell Medicare Supplement Plans. We represent many of them. The U.S. Government Medicare site has a page of publications for further information on Medicare and Insurance, and you can also check out our chart of basic types of medicare supplements.   Medicare Supplemental Insurance Options: Medicare supplement coverage can be sold in only ten standard plans. We feel that the best care is received when you have your choice of Doctors, and you and your Doctor make your medical decisions. Medicare HMO plans (MCO) are also available. Medicare Supplements are available with no medical underwriting during your open enrollment period. This is the 6 months before and 6 months after your 65th birthday. The only other time for open enrollment is if you are disabled and put onto Medicare. Then the 6 months after going onto Medicare is an open enrollment period. You may however, apply to a company and fill out the medical underwriting questions after open enrollment. Medicare Supplemental Insurance (Medigap) is specifically designed to supplement Medicare's benefits and is regulated by federal and state law, It must be clearly identified as Medicare supplemental insurance and it must provide specific benefits that help fill the gaps in your Medicare coverage. Other kinds of insurance may help you with out-of-pocket health care costs but they do not qualify as Medigap plans. Standard Medigap Plans: To make it easier for you to compare Medigap insurance policies, all states (except Minnesota, Massachusetts and Wisconsin), U.S. territories and the District of Columbia limit the number of different Medigap policies that can be sold in any of those jurisdictions to no more than 10 standard Medigap plans. The plans were developed by the National Association of Insurance Commissioners and incorporated into state and federal law. They have letter designations ranging from "A" through "J," with Plan A being the "basic" benefit package. Each of the other 9 plans includes the basic package plus a different combination of additional benefits. Plan J provides the most coverage of all the plans. The plans cover specific expenses either not covered or not fully covered by Medicare. Insurance companies are not permitted to change the combination of benefits or the letter designations of any of the plans. What is Medicare? Medicare is a national health insurance program for people 65 years of age and older, certain younger disabled people and people with permanent kidney failure. Medicare is run by the Health Care Financing Administration. The Social Security Administration helps HCFA by enrolling people in Medicare and by collecting Medicare premiums. Medicare is divided into two parts: Hospital Insurance (Part A) and Medical Insurance (Part B). Part A helps pay for care in a hospital, skilled nursing facility, some home health care, and hospice care. Part B helps pay for doctor bills, outpatient hospital care and other medical services not covered by Part A. Your Medicare card shows the Medicare coverage you have--Hospital Insurance (Part A), Medical Insurance (Part B), or both--and the date your coverage started. Enrollment in Medicare is handled in two ways: either you are automatically enrolled or you must apply. If you are getting Social Security or Railroad Retirement Board benefits before you turn 65, you are automatically enrolled and your Medicare card will be mailed to you about three months before your 65th birthday. If you are not receiving retirement benefits, you must apply by contacting a Social Security Administration office or, if appropriate, the Railroad Retirement Board. You should apply three months before your 65th birthday to avoid a possible delay in the start of your coverage. If you have been a disabled beneficiary under Social Security or Railroad Retirement for 24 months, you will automatically get a Medicare card in the mail.   Copyright 2001 Lowinsure.com All rights reserved. Any problems or suggestions for the website, contact webmaster@lowinsure.com Loewenthal Insurance is located in Eugene, Oregon. See About Us for full contact information. Please feel free to contact us with any questions.   Home Health Plans MSA International Insurance Dental Disability Long Term Care Prescription Medicare Supplement Life Links About Us Glossary

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