Premium Rebates and the New Consensus on Medicare Reform - Len M. Nichols et al

Abstract:

Premium rebates allow beneficiaries who choose more efficient Medicare options to receive cash rebates, rather than extra benefits. That simple idea has been controversial. Without fanfare, however, premium rebates have become a key area of agreement in the debate on Medicare reform. Moreover, in legislation in late 2000, it became official policy: Medicare + Choice plans will be allowed to offer rebates beginning in 2003. This paper explores the economic rationale for premium rebates, provides a historical perspective on the rebate debate, discusses some of the implementation issues that need to be addressed before 2003, and reviews the implications of premium rebates for current legislative proposals for Medicare reform.

“Premium Rebates and the New Consensus on Medicare Reform,” Health Care Financing Review v. 23 # 2, with Roger Feldman, Bryan Dowd, Robert Coulam, and Ann Mutti (Winter 2001).

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Simulating Health Insurance Tax Credits Using the Health Insurance Reform Simulation Model (HIRSM) - Len M. Nichols with Linda J. Blumberg, Yu-Chu Shen, and Matthew Buettgens

“Simulating Health Insurance Tax Credits Using the Health Insurance Reforms Simulation Model (HIRSM),” Final report to DOL/PWBA, December 2001, (with Linda J. Blumberg, Yu-Chu Shen, and Matthew Buettgens).

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