The effects of drug subsidies on out-of-pocket prescription drug expenditures by seniors: Regional evidence from Canada
Authors: Sule Alan, Thomas F. Crossley, Paul Grootendorst, and Michael R. Veall
Overview
Abstract (English)
Between 1970 and 1986, all Canadian provinces introduced some version of a prescription drug subsidy for those aged 65 years or over and since 1986, all the provinces have increased copayments or deductibles to some degree. Employing a first-order approximation to the welfare gains from a subsidy, we find evidence that these subsidies have been less redistributive than an absolute per household cash transfer but slightly more redistributive than a transfer that would increase each household’s income by the same percentage. Such evidence may have relevance for predicting the redistributive effects of a potential national prescription drug plan for seniors in the US.
Abstract (French)
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Details
Type | Journal article |
---|---|
Author | Sule Alan, Thomas F. Crossley, Paul Grootendorst, and Michael R. Veall |
Publication Year | 2002 |
Title | The effects of drug subsidies on out-of-pocket prescription drug expenditures by seniors: Regional evidence from Canada |
Volume | 21 |
Journal Name | Journal of Health Economics |
Number | 5 |
Pages | 805-826 |
Publication Language | English |
- Sule Alan
- Sule Alan, Thomas F. Crossley, Paul Grootendorst, and Michael R. Veall
- The effects of drug subsidies on out-of-pocket prescription drug expenditures by seniors: Regional evidence from Canada
- Journal of Health Economics
- 21
- 2002
- 5
- 805-826