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Code and Data for: Reducing Medical Spending of the Publicly Insured: The Case for a Cash-Out Option
- Pashchenko, Svetlana (University of Georgia)
- Porapakkarm, Ponpoje (National Graduate Institute for Policy Studies)
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Abstract
Individuals' medical spending has both necessary and discretionary components, which are not, however, separately observable. This paper studies ways to improve upon existing public health insurance policies by using a framework where both the discretionary and necessary components of medical spending are explicitly modeled. First, using a simple theoretical framework, the paper shows that the key to reducing discretionary medical spending is to introduce a trade-off between nonmedical and medical consumption. Next, using a rich quantitative life-cycle model, the paper shows that this trade-off can be successfully implemented by introducing an option to substitute public health insurance with cash transfers.
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Is supplement to
DOI: 10.1257/pol.20160433 (Text)
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Is cited by
DOI: 10.3886/E115541V1 (Dataset)
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Pashchenko, Svetlana, and Ponpoje Porapakkarm. “Reducing Medical Spending of the Publicly Insured: The Case for a Cash-Out Option.” American Economic Journal: Economic Policy 11, no. 3 (August 2019): 390–426. https://doi.org/10.1257/pol.20160433.
- ID: 10.1257/pol.20160433 (DOI)
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Pashchenko, Svetlana, and Ponpoje Porapakkarm. “Supplementary Data for: Reducing Medical Spending of the Publicly Insured: The Case for a Cash-Out Option.” ICPSR - Interuniversity Consortium for Political and Social Research. PSID Repository, 2019. https://doi.org/10.3886/E115541V1.
- ID: 10.3886/E115541V1 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07
Pashchenko, Svetlana; Porapakkarm, Ponpoje (2019): Code and Data for: Reducing Medical Spending of the Publicly Insured: The Case for a Cash-Out Option. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E115603
