Physician pricing behavior: Evidence from an Australian experiment

Yu, S; van Gool, K; Hall, J; Fiebig, DG

Physician pricing behavior: Evidence from an Australian experiment

Yu, S

van Gool, K

Hall, J

Fiebig, DG

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Publication Type:: Journal Article
Citation:: Journal of Economic Behavior and Organization, 2019, 161 pp. 20 - 34
Issue Date:: 2019-05-01

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Field	Value	Language
dc.contributor.author	Yu, S https://orcid.org/0000-0002-1070-113X	en_US
dc.contributor.author	van Gool, K https://orcid.org/0000-0002-1424-9304	en_US
dc.contributor.author	Hall, J https://orcid.org/0000-0002-2191-0543	en_US
dc.contributor.author	Fiebig, DG https://orcid.org/0000-0002-3707-1940	en_US
dc.date.issued	2019-05-01	en_US
dc.identifier.citation	Journal of Economic Behavior and Organization, 2019, 161 pp. 20 - 34	en_US
dc.identifier.issn	0167-2681	en_US
dc.identifier.uri	http://hdl.handle.net/10453/131471
dc.description.abstract	© 2019 Elsevier B.V. We examine the unregulated pricing behavior of physicians in response to an exogenous decrease in patient entitlements under a government scheme providing insurance for high out-of-pocket medical costs. We use survey-linked administrative data to estimate the causal effects of the policy change on consultation fees. Adopting a quasi-experimental difference-in-difference model, we find that in response, physicians with knowledge of the patient's eligibility raised consultation fees by an average 12%. The results show significant unintended consequences of the policy change, indicating that a physician's knowledge of patient eligibility for healthcare benefits may allow them to affect demand for their services.	en_US
dc.relation	http://purl.org/au-research/grants/arc/DP170100642
dc.relation.ispartof	Journal of Economic Behavior and Organization	en_US
dc.relation.isbasedon	10.1016/j.jebo.2019.03.008	en_US
dc.rights	info:eu-repo/semantics/embargoedAccess
dc.subject.classification	Economics	en_US
dc.title	Physician pricing behavior: Evidence from an Australian experiment	en_US
dc.type	Journal Article
utslib.citation.volume	161	en_US
utslib.for	1402 Applied Economics	en_US
utslib.for	1401 Economic Theory	en_US
utslib.for	1403 Econometrics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Strength - CHERE - Centre for Health Economics Research and Evaluation
utslib.copyright.status	open_access	*
utslib.copyright.embargo	2022-01-01T00:00:00+1100
pubs.publication-status	Published	en_US
pubs.volume	161	en_US

Abstract:

© 2019 Elsevier B.V. We examine the unregulated pricing behavior of physicians in response to an exogenous decrease in patient entitlements under a government scheme providing insurance for high out-of-pocket medical costs. We use survey-linked administrative data to estimate the causal effects of the policy change on consultation fees. Adopting a quasi-experimental difference-in-difference model, we find that in response, physicians with knowledge of the patient's eligibility raised consultation fees by an average 12%. The results show significant unintended consequences of the policy change, indicating that a physician's knowledge of patient eligibility for healthcare benefits may allow them to affect demand for their services.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/131471