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• W1534918881 abstract "The 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. (JEL C51, H51, I13)" @default.
• W1534918881 created "2016-06-24" @default.
• W1534918881 creator A5027519566 @default.
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• W1534918881 date "2016-11-01" @default.
• W1534918881 modified "2023-10-13" @default.
• W1534918881 title "Medicaid Insurance in Old Age" @default.
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• W1534918881 doi "https://doi.org/10.1257/aer.20140015" @default.
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