Replication data for: Strategic Formulary Design in Medicare Part D Plans

Kurt Lavetti & Kosali Simon
The design of Medicare Part D causes most beneficiaries to receive fragmented health insurance, with drug and medical coverage separated. Fragmentation is potentially inefficient since separate insurers optimize over only one component of healthcare spending, despite complementarities and substitutabilities between healthcare types. Fragmentation of only some plans can also lead to market distortions due to differential adverse selection, as integrated plans may use drug formularies to induce enrollment by patients that are profitable in the...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.