Who Benefits from Price Transparency in Healthcare? Evidence from Medical Implants in Taiwan
2019/06/25
研討會日期 : 2019-06-25
時間 : 14:30
主講人 : Professor Chung-Ying Lee (李宗穎)
主持人 : Professor Tzu-Ting Yang
地點 : Conference Room B110
演講者簡介 : Professor Lee received his Ph.D. in Economics from Duke University in 2014. He is currently an Assistant Professor at the Department of Economics, National Taiwan University. His research fields are industrial organization, applied econometrics, health economics, and pricing strategy.
演講摘要 : Healthcare reformers sometimes call for greater price transparency, for example requiring that hospitals post prices on the Internet or that drug companies post prices in advertisements. In Taiwan in 2014, the government mandated greater transparency for hospital prices for medical implants. Hospitals were required to publish and continuously update prices on an online price comparison site. I estimate the effect of this transparency mandate on prices using variation across products and providers before and after the policy change. I find that the price transparency tool reduced prices in large and small markets. In contrast, prices rose in intermediate markets. These findings suggest policymakers should consider market characteristics when promoting price transparency.