{"id":"https://openalex.org/W1987757280","doi":"https://doi.org/10.2307/1060746","title":"Insurance Choice and the Demand for Prescription Drugs","display_name":"Insurance Choice and the Demand for Prescription Drugs","publication_year":1995,"publication_date":"1995-04-01","ids":{"openalex":"https://openalex.org/W1987757280","doi":"https://doi.org/10.2307/1060746","mag":"1987757280"},"language":"en","primary_location":{"id":"doi:10.2307/1060746","doi":"https://doi.org/10.2307/1060746","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1060746","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5040148789","display_name":"N. Edward Coulson","orcid":"https://orcid.org/0000-0003-4480-6922","observed_orcids":["https://orcid.org/0000-0003-4480-6922","https://orcid.org/0000-0001-9705-9663"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"N. Edward Coulson","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5109250093","display_name":"Bruce Stuart","orcid":"https://orcid.org/0000-0001-7853-4078","observed_orcids":["https://orcid.org/0000-0001-7853-4078"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Bruce C. Stuart","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3010,"currency":"USD","value_usd":3010},"apc_paid":null,"fwci":2.3591,"has_fulltext":false,"cited_by_count":60,"citation_normalized_percentile":{"value":0.8933417,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"61","issue":"4","first_page":"1146","last_page":"1146"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10391","display_name":"Healthcare Policy and Management","score":0.951200008392334,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10391","display_name":"Healthcare Policy and Management","score":0.951200008392334,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11792","display_name":"Pharmaceutical Economics and Policy","score":0.04430000111460686,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/health-insurance","display_name":"health insurance","score":0.765999972820282},{"id":"https://openalex.org/keywords/older-adults","display_name":"older adults","score":0.8510000109672546},{"id":"https://openalex.org/keywords/pace-program","display_name":"PACE program","score":0.7929999828338623},{"id":"https://openalex.org/keywords/medicare-part-b","display_name":"Medicare Part B","score":0.6710000038146973},{"id":"https://openalex.org/keywords/copayments","display_name":"copayments","score":0.6930000185966492},{"id":"https://openalex.org/keywords/drug-coverage","display_name":"drug coverage","score":0.4580000042915344},{"id":"https://openalex.org/keywords/outpatient-physician-visits","display_name":"outpatient physician visits","score":0.7570000290870667},{"id":"https://openalex.org/keywords/low-income-older-adults","display_name":"low-income elderly","score":0.7250000238418579}],"concepts":[{"id":"https://openalex.org/C2426938","wikidata":"https://www.wikidata.org/wiki/Q3355478","display_name":"Medical prescription","level":2,"score":0.6553579568862915},{"id":"https://openalex.org/C2983523559","wikidata":"https://www.wikidata.org/wiki/Q410657","display_name":"On demand","level":2,"score":0.5192342400550842},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.45073971152305603},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4268394708633423},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.38308897614479065},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.20368710160255432},{"id":"https://openalex.org/C98274493","wikidata":"https://www.wikidata.org/wiki/Q128406","display_name":"Pharmacology","level":1,"score":0.17048439383506775},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.11156228184700012}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2307/1060746","doi":"https://doi.org/10.2307/1060746","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1060746","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W196416690","https://openalex.org/W1548711094","https://openalex.org/W1980314306","https://openalex.org/W1997063290","https://openalex.org/W2012699701","https://openalex.org/W2017903824","https://openalex.org/W2026661041","https://openalex.org/W2054375428","https://openalex.org/W2067128151","https://openalex.org/W2068948979","https://openalex.org/W2080616822","https://openalex.org/W2081142661","https://openalex.org/W2137889545","https://openalex.org/W2154647567","https://openalex.org/W2394693539","https://openalex.org/W2396453238","https://openalex.org/W2994149157","https://openalex.org/W3121263952","https://openalex.org/W3125771287"],"related_works":["https://openalex.org/W2275822085","https://openalex.org/W2089873061","https://openalex.org/W1583211269","https://openalex.org/W2058692645","https://openalex.org/W3123679314","https://openalex.org/W4292116265","https://openalex.org/W2137431162","https://openalex.org/W2113102977","https://openalex.org/W2164543057","https://openalex.org/W2100132851"],"abstract_inverted_index":{"This":[0],"paper":[1],"analyzes":[2],"the":[3,32,38,46,65,69,75,132,143,181,191,199],"influence":[4],"that":[5],"health":[6,26],"insurance":[7,27,112,139],"has":[8,129],"on":[9,125,131],"elderly":[10],"individuals'":[11],"decisions":[12],"to":[13,107,158,179,221],"use":[14,30],"prescription":[15,119,126,166,174,185],"drugs.":[16],"We":[17],"create":[18],"a":[19,23,89,115,146],"data":[20],"base":[21],"from":[22,152],"survey":[24],"of":[25,34,40,64,68,111,118,134,145,183,194,202],"and":[28,49,223],"medicine":[29],"in":[31,60,138,160,173],"Commonwealth":[33],"Pennsylvania":[35,56],"conducted":[36],"during":[37],"summer":[39],"1990":[41],"by":[42,101,190,198],"researchers":[43],"affiliated":[44],"with":[45],"Medicine,":[47],"Health,":[48],"Aging":[50],"Project":[51],"at":[52],"Penn":[53],"State":[54],"[23].":[55],"is":[57,99,187],"particularly":[58],"interesting":[59],"this":[61],"regard":[62],"because":[63],"generous":[66],"provisions":[67,225],"PACE":[70],"(Pharmaceutical":[71],"Assistance":[72],"Contract":[73],"for":[74,80,84,205],"Elderly)":[76],"program,":[77],"which":[78,161,226],"pays":[79],"all":[81],"outpatient":[82],"prescriptions":[83],"low":[85],"income":[86],"elderly,":[87],"less":[88],"$4.00":[90],"copayment":[91],"per":[92],"30":[93],"days":[94],"dosage.":[95],"Our":[96],"analytic":[97],"framework":[98],"dictated":[100],"three":[102],"considerations.":[103],"First,":[104],"we":[105,177],"wish":[106,178],"produce":[108],"quantitative":[109],"estimates":[110],"effects":[113,133,193,201],"over":[114],"wide":[116],"range":[117],"benefit":[120],"provisions.":[121],"Most":[122],"prior":[123],"research":[124],"drug":[127,195],"demand":[128,186],"focused":[130],"relatively":[135],"minor":[136],"alterations":[137],"benefits":[140],"such":[141],"as":[142],"addition":[144],"$.50":[147],"or":[148,168,197],"$1.00":[149],"copayment.":[150],"Findings":[151],"these":[153],"studies":[154],"are":[155,212,219],"not":[156],"generalizable":[157],"situations":[159],"individuals":[162],"gain":[163],"(or":[164],"lose)":[165],"coverage":[167,196],"face":[169],"other":[170],"major":[171],"changes":[172],"benefits.":[175],"Second,":[176],"address":[180],"question":[182],"whether":[184],"driven":[188],"more":[189],"own-price":[192],"cross-price":[200],"Medicare":[203,215],"supplementation":[204],"ambulatory":[206],"physician":[207,210],"visits.":[208],"Outpatient":[209],"visits":[211],"covered":[213],"under":[214],"Part":[216],"B,":[217],"but":[218],"subject":[220],"deductible":[222],"coinsurance":[224],"may":[227],"reduce":[228],"their":[229],"use.":[230],"Since":[231],"physi":[232]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":3}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}