David Cutler
David Cutler | |
---|---|
Born | PhD) | June 22, 1965
Academic career | |
Field | Economics |
Doctoral advisor | James M. Poterba[1] |
Doctoral students | Heidi Williams[2] Marcella Alsan[3] |
Information at IDEAS / RePEc |
David Matthew Cutler (born June 22, 1965) is an American economist who is the Otto Eckstein Professor of Applied Economics at
Biography
Cutler graduated from
His book Your Money or Your Life gives an introduction on the
Cutler's 2003 study "Why have Americans become more obese?" discusses rising obesity as an outcome of the revolution in mass food packaging. He includes vacuum packing, improved preservatives, deep freezing, and microwaves as culprits. Consumer prices on items like various frozen foods, soda, and potato chips are increasing at half the rate of fresh fruits and vegetables, and mass preparation makes for lower costs and more food consumption.[6]
Movement of individuals across health care plans
An article, ″Selection Stories: Understanding Movement across Health Plans,″ was written by Cutler, Bryan Lincoln, and
Backward-looking selection is explained as past experiences influencing the level of insurance acquired by an individual.[7] For example, someone who became severely ill and did not have enough insurance coverage might seek out more insurance coverage, as a result of the previous experience.
Aging in place refers to someone remaining on the same plan for life because insurance provided is sufficient and the cost of switching is too high.
The study conducted analyses by creating models based on data from the Massachusetts state employee health insurance programs.[8] The data was aggregated by HMO and FFS.
Based on the analyses and modeling,
Although there is little difference in terms of selection effects between HMOs and FFS since the enrollee pays a small portion of marginal costs, Cutler contends that adverse selection (less-healthy individuals moving from more restrictive HMO to less-restrictive and more-costly FFS plans) has a greater impact than adverse retention on enrollees' choice of health plans.
In summary, movement from adverse selection and adverse retention is minimal, but it is highly correlated and concentrated in the older and less healthy population, favoring HMO plans by their lower premiums and economic stability. Overall, adverse selection and retention are not critical factors in adjusting risk for health care plans, but demographics such as sex and age seem to be significant in spending patterns and differences in plan choices.
The article explored the trends and rationale behind the shift from FFS to HMO. In terms of overall quality of care provided, based on the type of health insurance, current literature suggest that the quality of care does not differ between HMO and FFS plans.[10]
The article is timely in that it is relevant to the overall shift towards managed care in an effort to reduce health care costs, without reducing quality of care. In addition, it is relevant to the current discussions concerning the possibility of having competitive choice health insurance plans based upon risk adjustments.[11][12]
See also
References
- MIT. Retrieved 9 March 2018.
- ^ "Williams's CV". Archived from the original on 2019-02-20. Retrieved 2016-09-25.
- The Crimson. Retrieved 2021-09-30.
- ^ Harvard Econ Department David Cutler: CV Archived 2008-07-25 at the Wayback Machine
- ^ Obama's economic advisers are brainy academics Kevin G. Hall, April 4, 2008
- ISSN 0895-3309.
- PMID 20828846.
- ^ http://www.mass.gov/anf/employee-insurance-and-retirement-benefits [bare URL]
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 2016-03-03. Retrieved 2015-03-17.
{{cite web}}
: CS1 maint: archived copy as title (link) - ^ Folland, S.; Goodman, A.; Stano, A. (2010). The Economics of Health and Health Care (6th ed.). Boston, MA: Prentice Hall.
- ^ http://www.americanprogressaction.org/wp-content/uploads/issues/2009/03/pdf/competitive_health.pdf Archived 2013-05-12 at the Wayback Machine [bare URL PDF]
- ^ "Archived copy". Archived from the original on 2013-05-27. Retrieved 2013-07-05.
{{cite web}}
: CS1 maint: archived copy as title (link)
External links
- David Cutler's faculty webpage at Harvard University
- The Quality Cure
- Improving Health Care Quality: Is Medicare a Good Candidate for Pay-for-Performance? Policy Forum by the Cato Institute, November 2, 2006, featuring David Cutler, Dr. Sandra Gadson, Michael F. Cannon and Gail Wilensky, audio and video