BIBFRAME Work

Title

Prescription drugs, medical care, and health outcomes

Type

• Text
• Monograph

Contribution

• Norton, Edward C. (contributor)
• National Bureau of Economic Research (contributor)
• Gilleskie, Donna B. (contributor)
• Zhou, Yang (Writer on medicare) (author )

Subject

• Medicare (LCSH)
• Prescription pricing--United States (LCSH)
• Pharmaceutical services insurance--United States (LCSH)
• Older people--United States--Pharmaceutical assistance (LCSH)
• 98873b16-be50-4229-823e-4acd774db2be

Language

• English

Classification

LCC: HB1 (Assigner: dlc) (Status: used by assigner)

Content

• text

Supplementary content

• bibliography

Summary

"There is much debate about whether the Medicare Prescription Drug Bill - the greatest expansion of Medicare benefits since its creation in 1965 - will improve the health of elderly Americans, and how much it will cost. We model how insurance affects medical care utilization, and subsequently, health outcomes over time in a dynamic model with correlated errors. Longitudinal individual-level data from the 1992-1998 Medicare Current Beneficiary Survey provide estimates of these effects. Simulations over five years show that expanding prescription drug coverage would increase drug expenditures by between 12% and 17%. However, other health care expenditures would only increase slightly, and the mortality rate would improve"--National Bureau of Economic Research web site.

Authorized Access Point

Zhou, Yang (Writer on medicare). Prescription drugs, medical care, and health outcomes

Admin Metadata

• Date: 2026-09-11T20:15:39.045378+00:00
• Agent: cbc
• Status: c
• Derived from: 13838739

Admin Metadata

• Date: 2026-09-11
• Cataloger id: Unknown
• Description level: http://id.loc.gov/ontologies/bibframe-2-6-0/
• Description language: eng
• Description authentication: pcc