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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The Impact of Medical Spending Shocks on the Wealth and Insurance Purchases of Older Americans

Using data from the Health and Retirement Study (HRS) and the Medicare Current Beneficiary Survey (MCBS), this project will estimate a dynamic model of medical spending and how medical spending shocks affect the wealth and insurance purchases of older Americans.…

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The Impact of Public Health Insurance on Financial Resources and Medical Expense Risk at Older Ages

We will estimate the total, Medicare, Medicaid, and out-of-pocket medical expenditures among the elderly across the income gradient. We will assess the risk of medical spending and how it is reduced through Medicaid and Medicare. We will also estimate the…

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