According to the report, titled ''The Price Ain't Right? Hospital Prices and Health Spending on the Privately Insured,'' information collected on Medicare has largely impacted the country's health-care policy as data on private plans was not widely available. Using data collected by the Health Care Pricing Project on the private health sector's spending, the authors of the study - Zack Cooper of Yale University, Stuart Craig of University of Pennsylvania, Martin Gaynor of Carnegie Mellon University and John Van Reenen of the Centre for Economic Performance - found variations in Medicare spending were highly contingent on the quality of care whereas price variation between the United State's 306 Hospital Referral Regions was the key component in spending discrepancies for those with private insurance plans.
This article was published online by The Daily Caller (Washington, DC) on December 15, 2015
Link to article here
Related publications
'The Price Ain't Right? Hospital Prices and Health Spending on the Privately Insured', Zack Cooper, Stuart Craig, Martin Gaynor and John Van Reenen, Centre for Economic Performance Discussion Paper No.1395, December 2015
Related links
Zack Cooper webpage
John Van Reenen webpage
Growth Programme webpage
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