Objective: To study how changes in insurance benefit design affect medication use of older adults with mental disorders …

This paper investigates the short-run impact of public insurance expansion under the Affordable Care Act on out …-of-pocket medical spending (OOP) and risk exposure among low-income, eligible households as well as the incidence of the cost of … providing insurance. Using data from the Medical Expenditures Panel Survey (MEPS), I exploit exogenous variation in Medicaid …

back on saving, and by borrowing. In the short term, informal insurance fills gaps left uncovered by formal insurance but …