Governments frequently turn to private markets to deliver public benefits. This structure can lower the government’s costs if it designs a payment system that attracts competitive firms with cost controls the government lacks. As part of the Collaborative Health Economics Seminar Series (CHESS), Senior Economist Matthew Zahn analyzes the implications of this payment system for the Medicare Advantage program. Presenting his paper, “Entry and Competition in Insurance Markets: Evidence from Medicare Advantage,” Dr. Zahn estimates a model of firm entry and product offering decisions and uses the model to simulate other payment policies in Massachusetts.
CHESS aims to disseminate current research in health economics at an advanced technical level. View Dr. Zahn’s paper and learn more here.
