The explanatory variables of interest included (1) an indicator of whether a veteran had copayments
required; (2) year indicator effects for 2001, 2002, and 2003; and (3) an interaction of copayment
status and each time effect.
"That many of these domains of care seem sensitive both to small changes in copayments
and potentially to behavioral nudges--and that many of the treatments affected seem to be of high health value--suggests that incorporating not only moral hazard but behavioral hazard into our models of optimal insurance design may have large-scale implications for public policy"
She said the city's most popular plan, Medex, will have a premium decrease of 6.9 percent; it will go down from $348 per month to $324.12, though the plan will also include a new $50 per quarter inpatient copayment
Families might be able to find lower insurance premiums, but when they start paying 40% of the visit cost instead of just a $10 copayment
, they may become increasingly reluctant to bring their children in.
is aimed at discouraging abuse and overuse of the system.
Now, however, the growing number of biologic drugs available to treat cancer, immune disorders, and a variety of chronic illnesses--including multiple sclerosis (MS)--has caused some insurers to create a fourth copayment
Data on patient demographics, copayment
amount, generic status, source of insurance, how the prescription was transmitted, and whether the medication was for an acute or chronic condition were available.
COMING UP WITH CLEAR definitions for insurance-related terms such as "co-payment," "out-of-network copayment
," "in-network copayment
" and "co-insurance" is easier said than done, and end definitions can still be difficult for consumers to understand, but that is the task before the Standard Definitions Team, an arm of the Consumer Information Subgroup at the National Association of Insurance Commissioners (NAIC), Kansas City, Mo.
This policy can make an impressive difference in your bottom line, but you need to keep in mind that even if the collection of office-encounter copayments
has been successful, collecting the larger amounts required for surgical procedures can be challenging; in fact, collecting these larger prepayments from patients can be downright uncomfortable for your staff.
Small insurance copayments
are enough of a deterrent to keep many older women from getting mammograms to detect breast cancer, according to a recent study.
Research finds that even modest health insurance copayments
discourage older women from getting mammograms.