The effect of Medicare coverage for the disabled on the market for private insurance

We investigate whether the removal of high-cost individuals from private insurance markets leads to greater coverage for individuals who are similar but not as high cost. Using data on insurance coverage from the Panel Study of Income Dynamics, we estimate the effect of the extension of Medicare to...

Full description

Saved in:
Bibliographic Details
Published in:Journal of health economics 2010-05, Vol.29 (3), p.418-425
Main Authors: Cogan, John F., Hubbard, R. Glenn, Kessler, Daniel P.
Format: Article
Language:English
Subjects:
Access to employment
Adult
Cost engineering
Costs and Cost Analysis - economics
Costs and Cost Analysis - statistics & numerical data
Coverage
Disability
Disabled persons
Disabled Persons - statistics & numerical data
Dynamic tests
Dynamics
Economics
Estimates
Female
Health
Health economics
Health economics Medicare
Health insurance
Humans
Impact analysis
Income - statistics & numerical data
Insurance
Insurance coverage
Insurance, Health - economics
Insurance, Health - statistics & numerical data
Insurance, Major Medical - economics
Insurance, Major Medical - statistics & numerical data
Male
Marketing
Markets
Medicare
Medicare - economics
Models, Econometric
Private sector
Studies
U.S.A
United States
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:We investigate whether the removal of high-cost individuals from private insurance markets leads to greater coverage for individuals who are similar but not as high cost. Using data on insurance coverage from the Panel Study of Income Dynamics, we estimate the effect of the extension of Medicare to the disabled on the private insurance coverage of non-disabled individuals. We find that the insurance coverage of individuals who had a health condition that limited their ability to work increased significantly in states with high versus low rates of disability.
ISSN:0167-6296
1879-1646
DOI:10.1016/j.jhealeco.2010.02.002