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Physician Market Power and Medical-Care Expenditures by Abe Dunn, Adam Hale Shapiro, U. S. Department of Commerce Bureau of E

Physician Market Power and Medical-Care Expenditures

by Abe Dunn , Adam Hale Shapiro , U. S. Department of Commerce Bureau of E
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Book cover type: Paperback
  • ISBN13: 9781288726547
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Bibliogov
  • Publisher Imprint: Bibliogov
  • Publication Date:
  • Pages: 64
  • Original Price: GBP 13.99
  • Language: English
  • Edition: N/A
  • Item Weight: 132 grams
  • BISAC Subject(s): General

We study the degree to which greater physician market power via consolidation leads to higher service prices in the commercially insured medical-care market. We also examine whether these potentially higher service prices translate into di erent levels of physician service utilization. We nd that physicians in more concentrated markets charge higher service prices. However, due to the unique nature of patient cost sharing as well as the incentives of physicians, these higher prices lead to either no change or, in some cases, an expansion of services. This is in contrast to a typical market, where higher prices attributable to consolidation are thought to decrease quantity demanded."

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