Replication data for: Reducing Medical Spending of the Publicly Insured: The Case for a Cash-out Option

Principal Investigator(s): View help for Principal Investigator(s) Svetlana Pashchenko; Ponpoje Porapakkarm

Name	File Type	Size	Last Modified
data			12/07/2019 04:19:PM
LICENSE.txt	text/plain	14.6 KB	12/07/2019 11:19:AM

Project Citation:

Pashchenko, Svetlana, and Porapakkarm, Ponpoje. Replication data for: Reducing Medical Spending of the Publicly Insured: The Case for a Cash-out Option. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116516V1

Project Description

Summary: 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.

Scope of Project

JEL Classification:
      D91 Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
      G22 Insurance; Insurance Companies; Actuarial Studies
      H51 National Government Expenditures and Health
      I13 Health Insurance, Public and Private
      I18 Health: Government Policy; Regulation; Public Health
      I38 Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs

Related Publications

This study is un-published. See below for other available versions.

Published Versions

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.