We estimate the benefit of life-extending medical treatments to life insurance companies. Our main insight is that life insurance companies have a direct benefit from such treatments as they lower the insurer's liabilities by pushing the death benefit further into the future and raise future...

In Germany, private health insurance covers more innovative and costly treatments than public insurance. Moreover, privately insured individuals are treated preferentially by doctors. In this article, I use subjective health data to examine whether these superior features of private insurance...

We assess the impact of housing, the availability of reverse mortgages and long-term care (LTC) insurance on a retiree's optimal portfolio choice and consumption decisions using a multi-period life cycle model that takes into consideration longevity risk, health shocks and house price risk. We...

This study analyzes the effects of the 2014 Affordable Care Act (ACA) Medicaid expansion on the subjective well-being of individuals in the United States. Using data from the Panel Study of Income Dynamics, we find that the expansion has significantly improved the overall life satisfaction of...

Acute nasopharyngitis and acute bronchitis are common childhood diseases. The problem is that the cost of these different subjects in the economy is unknown. This article aims at estimating the cost of acute nasopharyngitis and acute bronchitis per incidence from the perspective of society,...

Using Health and Retirement Study data, we examine three groups of adults aged 51–56 in 1992 with different disability experiences over 8 years. Our analysis reveals three major findings. First, people who started and stayed nondisabled experienced stable financial security, with improvement...

In Germany, private health insurance covers more innovative and costly treatments than public insurance. Moreover, privately insured individuals are treated preferentially by doctors. In this article, I use subjective health data to examine whether these superior features of private insurance...

In Germany, private health insurance covers more innovative and costly treatments than public insurance. Moreover, privately insured individuals are treated preferentially by doctors. In this article, I use subjective health data to examine whether these superior features of private insurance...

We study the effects of Massachusetts' healthcare reform on individuals' subjective well-being. Using data from the Behavioral Risk Factor Surveillance System, we find that the reform significantly improved Massachusetts residents' overall life-satisfaction. This result is robust to various...

This study analyzes the effects of the 2014 Affordable Care Act (ACA) Medicaid expansion on the subjective well-being of individuals in the United States. Using data from the Panel Study of Income Dynamics, we find that the expansion has significantly improved the overall life satisfaction of...