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)
AbstractIndividuals' 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.
Is supplement to
DOI: 10.1257/pol.20160433 (Text)
Is cited by
DOI: 10.3886/E115541V1 (Dataset)
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)
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