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Effects of Prescription Drug Insurance on Hospitalization and Mortality: Evidence from Medicare Part D
National Bureau of Economic Research [NBER]; purchase required Link to more items from this source
Apr. 22, 2014
"[O]btaining prescription drug insurance through Medicare Part D was associated with an 8% decrease in the number of hospital admissions, a 7% decrease in Medicare expenditures, and a 12% decrease in total resource use. Gaining prescription drug insurance through Medicare Part D was not significantly associated with mortality."

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