2003
DOI: 10.1377/hlthaff.22.2.230
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Comparing Medicare And Private Insurers: Growth Rates In Spending Over Three Decades

Abstract: Medicare can be counted on to control per enrollee spending growth over time, more than private insurers can.by Cristina Boccuti and Marilyn Moon ABSTRACT: Over the past three decades both Medicare and private insurers have initiated cost containment mechanisms to control the growth of spending on personal health care. To compare spending growth between these two payers, we present four measurement principles that should be implemented when drawing such comparisons, and we apply them to the National Health Acc… Show more

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Cited by 58 publications
(36 citation statements)
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“…Boccuti and Moon (2003) recommended growth rates to examine an extended period of time, calculate cumulative impacts, and compare like data. The annualized growth rate formula used in this study was: (2005) were used to meet the third objective.…”
Section: Methodsmentioning
confidence: 99%
“…Boccuti and Moon (2003) recommended growth rates to examine an extended period of time, calculate cumulative impacts, and compare like data. The annualized growth rate formula used in this study was: (2005) were used to meet the third objective.…”
Section: Methodsmentioning
confidence: 99%
“…The argument for the former factor's effect, i.e. lower payment levels, is reinforced by evidence indicating that public payers are generally more successful in controlling health services costs for their beneficiaries, even in the most complex and mixed systems (22,23).…”
Section: Discussionmentioning
confidence: 99%
“…Empirically, the evidence is pretty clear on Medicare: its spending growth per covered person tracks closely privately insured spending growth, and as well the total spending (including out of pocket payments) of Medicare beneficiaries tracks well the path of private spending per privately insured person (though of course the level of average Medicare spending is much higher because its insureds are older or disabled) (Boccuti and Moon 2003). If there is any regularity here it is that Medicare spending is a little less "inflated" than private spending, but there is no major gap that has emerged over time (despite occasional overages and underages in terms of reimbursement, coverage, and spending).…”
Section: What Is Special About Medical Care Spending?mentioning
confidence: 99%