title: The insurance value of Medicare.
abstract: Medicare should provide access to care and protection from catastrophic spending while not being so generous that beneficiaries overconsume low-value care, thus driving up costs. Setting cost sharing is a balancing act that the Medicare program doesn't perform very well.
authors.affiliation: Department of Health Policy and Management, Harvard School of Public Health, Boston, USA.
authors.forename: Katherine
authors.initials: K
authors.lastname: Baicker
authors.forename: Helen
authors.initials: H
authors.lastname: Levy
mesh_terms: D018166:Health Care Reform / Q000331:legislation & jurisprudence*; D006297:Health Services Accessibility / Q000191:economics; D006801:Humans; D007342:Insurance Benefits / Q000191:economics*; D006278:Medicare / Q000191:economics* / Q000331:legislation & jurisprudence; D014481:United States