The Mortality Impacts of the SSDI Waiting Periods

Social Security Disability Insurance beneficiaries face two waiting periods before they receive benefits.  There is a five-month waiting period for cash benefits and a subsequent 24-month waiting period for Medicare benefits.  Because of these rules, some individuals with disabilities may…

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Medical Spending Risk among the Elderly by Race and Gender

Using data from the Health and Retirement Study (HRS) linked to administrative Medicare and Medicaid records, along with the Medical Expenditure Panel Survey (MEPS), we estimate the stochastic process for total and out-of-pocket medical spending by race and gender. By…

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How Redistributive Are Public Health Care Schemes? Evidence from Medicare and Medicaid in Old Age

Most health care for the U.S. population 65 and older is publicly provided through Medicare and Medicaid. Despite the massive expenditures of these systems, little is known about how redistributive they are. Using data from the Health and Retirement Study…

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On the Distribution and Dynamics of Medical Expenditure Among the Elderly

Using data from the Health and Retirement Study linked to administrative Medicare and Medicaid records along with the Medical Expenditure Panel Survey, we estimate the stochastic process for total and out-of-pocket medical spending. By focusing on dynamics, we consider not…

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