Risk attitudes and Medicare Part D enrollment decisions

Vetter, Stefan; Heiss, Florian; McFadden, Daniel L.; Winter, Joachim (2013): Risk attitudes and Medicare Part D enrollment decisions. In: Economics Letters, Vol. 119, No. 2: pp. 128-132

Abstract

In this study we investigate if risk attitudes explain non-enrollment into Medicare Part D. We find that respondents who are risk-tolerant as measured by the willingness-to-pay for a hypothetical insurance were significantly less likely to enroll in Part D.

• Item Type: Journal article
• Faculties: Economics; Economics > Chairs > Chair of Empirical Economics
• Subjects: 300 Social sciences > 330 Economics
• Language: English