Replication data for: Medicaid Insurance in Old Age
- De Nardi, Mariacristina
- French, Eric
- Jones, John Bailey
AbstractThe old age provisions of the Medicaid program were designed to insure retirees against medical expenses. We estimate a structural model of savings and medical spending and use it to compute the distribution of lifetime Medicaid transfers and Medicaid valuations across currently single retirees. Compensating variation calculations indicate that current retirees value Medicaid insurance at more than its actuarial cost, but that most would value an expansion of the current Medicaid program at less than its cost. These findings suggest that for current single retirees, the Medicaid program may be of the approximately right size.
Is supplement to
DOI: 10.1257/aer.20140015 (Text)
De Nardi, Mariacristina, Eric French, and John Bailey Jones. “Medicaid Insurance in Old Age.” American Economic Review 106, no. 11 (November 2016): 3480–3520. https://doi.org/10.1257/aer.20140015.
- ID: 10.1257/aer.20140015 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12