How has the economic risk of health spending changed over time for U.S. households? We describe trends in aggregate health spending in the United States and how private insurance markets and public insurance programs have changed over time. We then present evidence from Consumer Expenditure...

The past five years have seen a dramatic turn of events against the tobacco industry, raising the question of the appropriate future path for smoking policy in the U.S. This paper discusses the theory and evidence on regulation of smoking. I begin by reviewing the background on this industry. I...

This paper focuses on the role of Medicaid, the public health insurance program for low income populations, as a means of reducing uninsurance among uninsured women and children. The author discusses the structure of the Medicaid program and recent findings of its effects on insurance status,...

The latest wave of health care proposals and laws in the United Sates has been marked by what I call "incremental universalism" -- that is, getting to universal health insurance coverage by filling the gaps in the existing system, rather than ripping up the system and starting over. In this...