Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/wiley/do-report-cards-tell-consumers-anything-they-don-t-already-know-the-LORJXDskzL
References (50)
-
(1999)
Medicare & You: Assessment of the National Medicare Education Program: Supply and Demand for InformationHealth Care Financing Review, 21
-
(1996)
Product Demand in Pharmaceutical Markets, -
Jin Jin, Leslie Leslie (2003)
The Effect of Information on Product Quality: Evidence from Restaurant Hygiene Grade CardsQuarterly Journal of Economics, 118
-
B. Jacob (2005)
Accountability, Incentives and Behavior: The Impact of High-Stakes Testing in the Chicago Public SchoolsJournal of Public Economics, 89
-
M. Chernew, Gautam Gowrisankaran, Dennis Scanlon (2001)
Learning and the Value of Information: Evidence from Health Plan Report CardsEmployment
-
Steven Berry, J. Levinsohn, A. Pakes (1995)
Automobile Prices in Market EquilibriumEconometrica, 63
-
M. Rao, A. Clarke, C. Sanderson, R. Hammersley (2006)
Patients' own assessments of quality of primary care compared with objective records based measures of technical quality of care: cross sectional studyBMJ : British Medical Journal, 333
-
D. Cutler, Robert Huckman, M. Landrum (2004)
The Role of Information in Medical Markets: An Analysis of Publicly Reported Outcomes in Cardiac SurgeryHealth Economics
-
N. Cardell (1997)
Variance Components Structures for the Extreme-Value and Logistic Distributions with Application to Models of HeterogeneityEconometric Theory, 13
-
Mara Lederman (2007)
Do enhancements to loyalty programs affect demand? The impact of international frequent flyer partnerships on domestic airline demandThe RAND Journal of Economics, 38
-
J. Frankel, Peter Orszag (1997)
American Economic Policy in the 1990s -
(2004)
45 Day Notice for 2004 M+C Rates -
G. Stigler (1961)
The Economics of InformationJournal of Political Economy, 69
-
Daniel Ackerberg (2003)
Advertising, Learning, and Consumer Choice in Experience Good Markets: A Structural Empirical Examin -
Cardell (1997)
Variance Components Structures for the Extreme Value and Logistic DistributionsEconometric Theory, 13
-
J. Abraham, R. Feldman, C. Carlin, J. Christianson (2006)
The effect of quality information on consumer health plan switching: evidence from the Buyers Health Care Action Group.Journal of health economics, 25 4
-
N. Beaulieu (2002)
Quality information and consumer health plan choices.Journal of health economics, 21 1
-
E. Goldstein, Lori Teichman, B. Crawley, G. Gaumer, C. Joseph, L. Reardon (2001)
Lessons Learned from the National Medicare & You Education ProgramHealth Care Financing Review, 23
-
Steven Berry (1994)
Estimating Discrete-Choice Models of Product DifferentiationThe RAND Journal of Economics, 25
-
R. Town, Su Liu (2003)
The welfare impact of Medicare HMOs.The Rand journal of economics, 34 4
-
Rao Rao, Clarke Clarke, Sanderson Sanderson, Hammersley Hammersley (2006)
Patients' Own Assessments of Quality of Primary Care Compared with Objective Records Based Measures of Technical Quality of Care: Cross Sectional StudyBritish Medical Journal, 333
-
M. Chernew, Gautam Gowrisankaran, C. Mclaughlin, T. Gibson (2004)
Quality and employers' choice of health plans.Journal of health economics, 23 3
-
Justine Hastings, Jeffrey Weinstein (2007)
No Child Left Behind: Estimating the Impact on Choices and Student Outcomes. NBER Working Paper No. 13009.National Bureau of Economic Research
-
A. Mehrotra, Sonya Grier, R. Dudley (2006)
The relationship between health plan advertising and market incentives: evidence of risk-selective behavior.Health affairs, 25 3
-
Dennis Scanlo, M. Chernew, C. Mclaughlin, Gary Solon (2002)
The impact of health plan report cards on managed care enrollment.Journal of health economics, 21 1
-
B. Dowd, I. Moscovice, R. Feldman, M. Finch, C. Wisner, S. Hillson (1994)
Health Plan Choice in the Twin Cities Medicare MarketMedical Care, 32
-
Jin Jin, Sorensen Sorensen (2006)
Information and Consumer Choice: The Value of Publicized Health Plan RatingsJournal of Health Economics, 25
-
Goldstein Goldstein (1999)
Assessment of the National Medicare Education Program: Supply and Demand for InformationHealth Care Financing Review, 21
-
David Dranove, Daniel Kessler, Mark McClellan, M. Satterthwaite (2003)
Is More Information Better? The Effects of “Report Cards” on Health Care ProvidersJournal of Political Economy, 111
-
M. Israel (2005)
Services as Experience Goods: An Empirical Examination of Consumer Learning in Automobile InsuranceThe American Economic Review, 95
-
J. Schoenman (1999)
Impact of the BBA on Medicare HMO payments for rural areas.Health affairs, 18 1
-
M. Chernew, D. Scanlon (1998)
Health plan report cards and insurance choice.Inquiry : a journal of medical care organization, provision and financing, 35 1
-
M. Gold, L. Achman, J. Mittler, B. Stevens (2004)
Monitoring MedicareChoice What Have We Learned Findings and Operational Lessons for Medicare Advantage -
Roger Feldman, Jon Christianson, Jennifer Schultz (2000)
Do consumers use information to choose a health-care provider system?The Milbank quarterly, 78 1
-
E. Schneider, A. Zaslavsky, B. Landon, T. Lied, S. Sheingold, P. Cleary (2001)
National Quality Monitoring of Medicare Health Plans: The Relationship Between Enrollees’ Reports and the Quality of Clinical CareMedical Care, 39
-
G. Jin, Alan Sorensen (2005)
Information and Consumer Choice: The Value of Publicized Health Plan RatingsERN: Other IO: Empirical Studies of Firms & Markets (Topic)
-
T. Buchmueller, P. Feldstein (1997)
The effect of price on switching among health plans.Journal of health economics, 16 2
-
(2007)
No Child Left Behind Rules Raise Student Performance, -
(2002)
Did Quality Information Matter? Evidence from Medicare 1993-1998 -
A. Batata (2004)
The effect of HMOs on fee-for-service health care expenditures: evidence from Medicare revisited.Journal of health economics, 23 5
-
Alberto Abadie, S. Gay (2004)
The Impact of Presumed Consent Legislation on Cadaveric Organ Donation: A Cross Country StudyHealth Care Law & Policy
-
T. Hubbard (2002)
How Do Consumers Motivate Experts? Reputational Incentives in an Auto Repair Market*The Journal of Law and Economics, 45
-
G. Pope, J. Kautter, R. Ellis, A. Ash, J. Ayanian, L. Iezzoni, M. Ingber, J. Levy, John Robst (2004)
Risk Adjustment of Medicare Capitation Payments Using the CMS-HCC ModelHealth Care Financing Review, 25
-
HCFA Should Release Data to Aid Consumers, Prompt Better HMO Performance -
G. Wedig, Ming Tai-Seale (2002)
The effect of report cards on consumer choice in the health insurance market.Journal of health economics, 21 6
-
G. Jin, Phillip Leslie (2002)
The Effect of Information on Product Quality: Evidence from Restaurant Hygiene Grade CardsIO: Empirical Studies of Firms & Markets
-
Feldman Feldman, Christianson Christianson, Schultz Schultz (2000)
Do Consumers Use Information to Choose a Health Care Provider System?Millbank Memorial Quarterly, 78
-
Olivier Ledoit, Michael Wolf (2004)
A well-conditioned estimator for large-dimensional covariance matricesJournal of Multivariate Analysis, 88
-
D. Mukamel, A. Mushlin (1998)
Quality of care information makes a difference: an analysis of market share and price changes after publication of the New York State Cardiac Surgery Mortality Reports.Medical care, 36 7
-
Daniel Ackerberg (2003)
Advertising, Learning, and Consumer Choice in Experience Good Markets: An Empirical ExaminationExperimental & Empirical Studies eJournal
- Publisher
- Wiley
- Copyright
- © 2008, RAND
- ISSN
- 0741-6261
- eISSN
- 1756-2171
- DOI
- 10.1111/j.1756-2171.2008.00039.x
- Publisher site
- See Article on Publisher Site
Abstract
Estimated responses to report cards may reflect learning about quality that would have occurred in their absence (“market‐based learning”). Using panel data on Medicare HMOs, we examine the relationship between enrollment and quality before and after report cards were mailed to 40 million Medicare beneficiaries in 1999 and 2000. We find consumers learn from both public report cards and market‐based sources, with the latter having a larger impact. Consumers are especially sensitive to both sources of information when the variance in HMO quality is greater. The effect of report cards is driven by beneficiaries' responses to consumer satisfaction scores.
Journal
The Rand Journal of Economics – Wiley
Published: Sep 1, 2008