We develop a pair of risk measures, health and mortality delta, for the universe of life and health insurance products …. A life-cycle model of insurance choice simplifies to replicating the optimal health and mortality delta through a … portfolio of insurance products. We estimate the model to explain the observed variation in health and mortality delta implied …

were impaired in the performance of at least one basic activity. It describes their wealth, living arrangements, and health … characteristics. Tobit regressions are presented that relate utilization of hospital services, paid home-health care, and unreimbursed … home-health care utilization in this population are distinct from the factors that have been significant predictors of …

Long-term care expenditures constitute one of the largest uninsured financial risks facing the elderly in the United …

long-term care output over the last three decades into the component accounted for by improvements in health and that …

introduces health-dependent utility into a model in which preferences for bequests, expenditures when in need of long-term care … (LTC), and ordinary consumption combine with health and longevity uncertainty to explain saving behavior. To sharply …

focus on income risk, health expenditure risk, long-term care expenditure risk and mortality risk. We also discuss the …

Basic economic theory suggests that health insurance coverage may cause a reduction in prevention activities, but … involve adverse health events, evidence of ex ante moral hazard is more consistent. In this paper, we extend the analysis of … the effect of health insurance on health behaviors by allowing for the possibility that health insurance has a direct (ex …

The cost of efforts to expand health insurance coverage to the currently uninsured increases when people who would … designed to reduce crowd-out in new health insurance programs …

This paper investigates the effects of expanding public health insurance eligibility for older children. Using data … from the National Health Interview Surveys from 1986 to 2005, we first show that although income continues to be an … important predictor of children's health status, the importance of income for predicting health has fallen for children 9 to 17 …

drugs, use of other medical services, and health for a nationally representative sample of Medicare beneficiaries. Given the … health. We find that gaining prescription drug insurance through Medicare Part D was associated with a 70% increase in the … health care services or health, as measured by functional status and self-reported health. Among those in poorer health, we …