Medicaid and the health care crucible -- Dodging the block grant bullet and other signs of resilience -- Beyond welfare medicine : the take-up challenge -- Government by waiver : the quest to transform long-term care -- Demonstration waivers and the politics of reinvention -- Reform : the...

I consider the popular argument of Medicaid crowding out demand for private long-term care insurance. I show that this argument rests on a wrong counterfactual comparison. Furthermore, I question the welfare-decreasing impact of Medicaid as it neglects a large value of the program in providing...

Yes, subject to concerns about Medicare inefficiencies and potentially self-confirming skepticism. The U.S. social security system-broadly defined to include Medicare-faces significant financial problems as the result of an aging population. But demographic change is also likely to raise...