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dc.contributor.authorSommers, Benjamin Daniel
dc.contributor.authorOellerich, Donald
dc.date.accessioned2015-02-18T21:00:32Z
dc.date.issued2013
dc.identifier.citationSommers, Benjamin D., and Donald Oellerich. 2013. “The Poverty-Reducing Effect of Medicaid.” Journal of Health Economics 32 (5) (September): 816–832. doi:10.1016/j.jhealeco.2013.06.005.en_US
dc.identifier.issn0167-6296en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:14008375
dc.description.abstractMedicaid provides health insurance for 54 million Americans. Using the Census Bureau's Supplemental Poverty Measure (which subtracts out-of-pocket medical expenses from family resources), we estimated the impact of eliminating Medicaid. In our counterfactual, Medicaid beneficiaries would become uninsured or gain other insurance. Counterfactual medical expenditures were drawn stochastically from propensity-score-matched individuals without Medicaid. While this method captures the importance of risk protection, it likely underestimates Medicaid's impact due to unobserved differences between Medicaid and non-Medicaid individuals. Nonetheless, we find that Medicaid reduces out-of-pocket medical spending from $871 to $376 per beneficiary, and decreases poverty rates by 1.0% among children, 2.2% among disabled adults, and 0.7% among elderly individuals. When factoring in institutionalized populations, an additional 500,000 people were kept out of poverty. Overall, Medicaid kept at least 2.6 million—and as many as 3.4 million—out of poverty in 2010, making it the U.S.’s third largest anti-poverty program.en_US
dc.language.isoen_USen_US
dc.publisherElsevier BVen_US
dc.relation.isversionofdoi:10.1016/j.jhealeco.2013.06.005en_US
dc.relation.hasversionhttps://appam.confex.com/appam/2013/webprogram/Paper7630.htmlen_US
dash.licenseLAA
dc.subjectMedicaiden_US
dc.subjectHealth insuranceen_US
dc.subjectpovertyen_US
dc.subjectmedical costsen_US
dc.titleThe poverty-reducing effect of Medicaiden_US
dc.typeJournal Articleen_US
dc.description.versionAccepted Manuscripten_US
dc.relation.journalJournal of Health Economicsen_US
dash.depositing.authorSommers, Benjamin Daniel
dash.waiver2014-05-23
dc.date.available2015-02-18T21:00:32Z
dc.identifier.doi10.1016/j.jhealeco.2013.06.005*
workflow.legacycommentsA published version is available in DASH here: http://dash.harvard.edu/bitstream/item/26214/Poverty-Reducing-Effect-of-Medicaid.pdf?sequence=1. The version on this submission is the accepted manuscript.en_US
dash.contributor.affiliatedSommers, Ben


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