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In spite of the large expected costs of needing long-term care, only 10-12 percent of the elderly population has private insurance coverage. Medicaid, which provides means-tested public assistance and pays for almost half of long-term care costs, spends more than $100 billion annually on...
Persistent link: https://www.econbiz.de/10008674239
selection problem hinges largely on how health care costs are distributed across market participants. Theoretically, I show that …
Persistent link: https://www.econbiz.de/10011240572
on the near- and young-elderly in the Health and Retirement Survey, our central estimate suggests that a $10,000 decrease …
Persistent link: https://www.econbiz.de/10005710725
Occupational licensing is among the fastest-growing labor market institutions in the U.S. economy. One of the key features of occupational licensing is that the law determines who gets to do the work. In those cases where universally licensed occupations are both complements to and substitutes...
Persistent link: https://www.econbiz.de/10008727871
Economic theory predicts that employer-provided retiree health insurance benefits crowd-out household wealth … accumulation. Nevertheless, there is little research on the impacts of retiree health insurance on wealth accruals, so this paper … utilizes a unique data file on three baseline cohorts from the Health and Retirement Study to explore how employer …
Persistent link: https://www.econbiz.de/10011193599
-mandatory health insurance markets that control adverse selection and assure adequate access and coverage. We model Part D enrollment …
Persistent link: https://www.econbiz.de/10008610954
Most existing work on the price elasticity of demand for health insurance focuses on employees' decisions to enroll in … willingness to pay for a health plan among a large sample of uninsured Americans. The experiment yields price elasticities …
Persistent link: https://www.econbiz.de/10009001142
Governments often contract with private firms to provide public services such as health care and education. To decrease …
Persistent link: https://www.econbiz.de/10009001153
From 1991 to 2003, the fraction of Medicaid recipients enrolled in HMOs and other forms of Medicaid managed care (MMC) increased from 11 percent to 58 percent. This increase was largely driven by state and local mandates that required most Medicaid recipients to enroll in an MMC plan....
Persistent link: https://www.econbiz.de/10009223315
health outcomes. …
Persistent link: https://www.econbiz.de/10009151264