Welcome to the ARIA 2021 Annual Meeting Agenda App. You are seeing this in simple view. Click on any session to see Presenters, Discussants and a Session Description. Click on Presenters to find a single presenter and their sessions. If you find an error, please email gphillips@aria.org. Registrants have been added and will continue to be updated until 7/29/21 when registration closes. Zoom links will be shared directly with all participants two days prior to the conference. Please make notifications@sched.com a "safe sender" in your email system. We will be sending messages throughout the conference through this medium.
Daniel Prinz, Harvard University; Tal Gross, Boston University; Timothy Layton, Harvard University
When Social Security checks are distributed, prescription fills under the Medicare Part D program increase by 6--12 percent. In that sense, drug consumption of low-income Medicare recipients is ``liquidity sensitive.'' When recipients have their copayments eliminated, their drug consumption becomes less liquidity sensitive. Recipients whose drug consumption is most liquidity sensitive exhibit price elasticities of demand that are twice the size of the average elasticity. The results demonstrate that more complete insurance not only protects recipients from risk but also provides recipients with the ability to consume healthcare when they need it rather than when they have cash.
