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dc.contributor.authorGruber, Jonathan
dc.contributor.authorHoward, David H
dc.contributor.authorLeder-Luis, Jetson
dc.contributor.authorCaputi, Theodore L
dc.date.accessioned2026-04-22T20:43:13Z
dc.date.available2026-04-22T20:43:13Z
dc.date.issued2025-01
dc.identifier.urihttps://hdl.handle.net/1721.1/165646
dc.description.abstractThe Medicare hospice program is intended to provide palliative care to terminal patients, but patients with long stays in hospice are highly profitable, motivating concerns about overuse among the Alzheimer's and Dementia (ADRD) population in the rapidly growing for-profit sector. We provide the first causal estimates of the effect of for-profit hospice on patient spending using the entry of for-profit hospices over 20 years. We find hospice has saved money for Medicare by offsetting other expensive care among ADRD patients. As a result, policies limiting hospice use including revenue caps and antifraud lawsuits are distortionary and deter potentially cost-saving admissions. (JEL H51, I11, I12, I18, J14, L84)en_US
dc.language.isoen
dc.publisherAmerican Economic Associationen_US
dc.relation.isversionof10.1257/aer.20230328en_US
dc.rightsArticle is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.en_US
dc.sourceAmerican Economic Associationen_US
dc.titleDying or Lying? For-Profit Hospices and End-of-Life Careen_US
dc.typeArticleen_US
dc.identifier.citationGruber, Jonathan, David H. Howard, Jetson Leder-Luis, and Theodore L. Caputi. 2025. "Dying or Lying? For-Profit Hospices and End-of-Life Care." American Economic Review 115 (1): 263–94.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Department of Economicsen_US
dc.relation.journalAmerican Economic Reviewen_US
dc.eprint.versionFinal published versionen_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dc.date.updated2026-04-22T20:38:13Z
dspace.orderedauthorsGruber, J; Howard, DH; Leder-Luis, J; Caputi, TLen_US
dspace.date.submission2026-04-22T20:38:14Z
mit.journal.volume115en_US
mit.journal.issue1en_US
mit.licensePUBLISHER_POLICY
mit.metadata.statusAuthority Work and Publication Information Neededen_US


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