The Effects of Medicaid and Medicare Reforms on the Elderly’s Savings and Medical Expenditures
dc.contributor.author | De Nardi, Mariacristina | |
dc.contributor.author | French, Eric | |
dc.contributor.author | Jones, John Bailey | |
dc.date.accessioned | 2010-11-30T17:52:17Z | |
dc.date.available | 2010-11-30T17:52:17Z | |
dc.date.issued | 2010-10 | |
dc.identifier.uri | https://hdl.handle.net/2027.42/78353 | |
dc.description.abstract | We study a model in which retired single people optimally choose consumption, medical spending and saving while facing uncertainty about their health, lifespan and medical needs. This uncertainty is partially offset by insurance provided by the government and private institutions. We first show how well the model matches important features of the data and we analyze the degree of insurance provided by current programs. We then analyze the effects of some reforms, meant to capture changes in Medicaid and Medicare, on savings and medical expenditures. | en_US |
dc.description.sponsorship | Social Security Administration | en_US |
dc.format.extent | 664073 bytes | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.publisher | Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104 | en_US |
dc.relation.ispartofseries | WP 2010-236 | en_US |
dc.subject | WP 2010-236 | en_US |
dc.title | The Effects of Medicaid and Medicare Reforms on the Elderly’s Savings and Medical Expenditures | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Population and Demography | |
dc.subject.hlbtoplevel | Social Sciences | |
dc.contributor.affiliationum | Federal Reserve Bank of Chicago and NBER | en_US |
dc.contributor.affiliationum | Federal Reserve Bank of Chicago | en_US |
dc.contributor.affiliationum | University at Albany, SUNY | en_US |
dc.contributor.affiliationumcampus | Ann Arbor | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/78353/1/wp236.pdf | |
dc.owningcollname | Retirement and Disability Research Center, Michigan (MRDRC) |
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