G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21308
来源IDWorking Paper 21308
The Value of Medicaid: Interpreting Results from the Oregon Health Insurance Experiment
Amy Finkelstein; Nathaniel Hendren; Erzo F.P. Luttmer
发表日期2015-06-29
出版年2015
语种英语
摘要We develop a set of frameworks for valuing Medicaid and apply them to welfare analysis of the Oregon Health Insurance Experiment, a Medicaid expansion for low-income, uninsured adults that occurred via random assignment. Our baseline estimates of Medicaid's welfare benefit to recipients per dollar of government spending range from about $0.2 to $0.4, depending on the framework, with at least two-fifths – and as much as four-fifths – of the value of Medicaid coming from a transfer component, as opposed to its ability to move resources across states of the world. In addition, we estimate that Medicaid generates a substantial transfer, of about $0.6 per dollar of government spending, to the providers of implicit insurance for the low-income uninsured. The economic incidence of these transfers is critical for assessing the social value of providing Medicaid to low-income adults relative to alternative redistributive policies.
主题Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Health
URLhttps://www.nber.org/papers/w21308
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578983
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Amy Finkelstein,Nathaniel Hendren,Erzo F.P. Luttmer. The Value of Medicaid: Interpreting Results from the Oregon Health Insurance Experiment. 2015.
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