Illness-episode approach: costs and benefits of medigap insurance.
Date of Pub
Davidson, Bruce N
Over two-thirds of Medicare beneficiaries have private supplementary coverage, but few know enough about Medicare, their own
supplements, or available alternatives to make intelligent comparisons and informed purchasing decisions. The illness-episode
approach, a new way to provide insurance information to Medicare beneficiaries, calculates out-of-pocket costs likely to be
faced by beneficiaries experiencing 13 illnesses, under Medicare alone and under different medigap policies. Applying the
approach to six policies marketed in Los Angeles in 1986 revealed that plans varied widely in their ability to reduce financial
vulnerability; many still leave the elderly with substantial out-of-pocket costs.
Deductibles and Coinsurance : Insurance Benefits : Consumer Participation/economics : Costs and Cost Analysis : Economics,
Hospital/statistics & numerical data : Economics, Medical/statistics & numerical data : Evaluation Studies : Financing, Personal
: Los Angeles : Medicare/economics : Support, U.S. Gov't, Non-P.H.S. : United States