Filed Under:Health Insurance, Individual Health

Researchers: Medicare Advantage cuts all hospital bills

Adam Smith, the father of free-market philosophy (Kress Collection, Harvard Business School)
Adam Smith, the father of free-market philosophy (Kress Collection, Harvard Business School)

Competition in the Medicare Advantage program may be helping to hold down the cost of all U.S. hospital care.

Katherine Baicker, a health economist at Harvard University, and two colleagues at Harvard -- Michael Chernew and Jacob Robbins -- make that argument in a copyrighted working paper on Medicare managed care "spillover effects" published behind a paywall at the National Bureau of Economic Research.

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Nichole Morford

Nichole Morford
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