NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Tradeoffs in the Design of Health Plan Payment Systems: Fit, Power and Balance

Michael Geruso, Thomas G. McGuire

NBER Working Paper No. 20359
Issued in July 2014, Revised in February 2015

---- Acknowledgments ----

The authors are grateful to Michael Chernew, Randy Ellis, Tim Layton, Julie Shi and Steve Trejo for comments on an earlier draft. Tim Layton also provided outstanding research assistance. Research for this paper was supported by the National Institute of Mental Health (R01 MH094290) the National Institute of Aging (P01 AG032952) and the Laura and John Arnold Foundation. The views expressed here are the authors' own and not necessarily those of the Foundation's officers, directors or staff. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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