NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Geoffrey Joyce

Schaeffer Center for Health Policy and Economics
University of Southern California
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NBER Program Affiliations: HE
NBER Affiliation: Research Associate

NBER Working Papers and Publications

June 2013Heterogeneity in Cost-Sharing and Cost-Sensitivity, and the Role of the Prescribing Physician
with Mariana Carrera, Dana Goldman: w19186
In this paper, we use individual level data on purchases of one of the most prescribed categories of drugs (cholesterol-lowering statins) to study the responses of physicians and patients to variation in the cost of drugs. In a sample of first-time statin prescriptions to employees from a group of Fortune 500 firms, we find that copay variation across plans has a relatively small effect on the choice of drug, and this effect does not vary with patient income. After the highly-publicized expiration of the patent for Zocor (simvastatin), however, prescriptions for this drug increased substantially, especially for lower-income patients. Our analysis suggests that physicians can perceive the adherence elasticity of their patients and adjust their initial prescriptions accordingly, but only in ...

Carrera M, Goldman D, Joyce G, Sood N. Do Physicians Respond to the Costs and Cost-sensitivity of Their Patients? Forthcoming, American Economic Journal: Economic Policy.

January 2006Adverse Selection in Retiree Prescription Drug Plans
with Dana P. Goldman, Pinar Karaca-Mandic
in Frontiers in Health Policy Research, Volume 9, David Cutler and Alan Garber, organizers
July 2004Disability Forecasts and Future Medicare Costs
with Jayanta Bhattacharya, David M. Cutler, Dana P. Goldman, Michael D. Hurd, Darius N. Lakdawalla, Constantijn W. A. Panis
in Frontiers in Health Policy Research, Volume 7, David M. Cutler and Alan M. Garber, editors
 
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