Young and Uninsured, in Charts – NYTimes.com

November 25, 2013

Last week, the Census Bureau released some nice charts about the young and uninsured — that is, the folks that insurance companies are now falling over themselves to sign up because young people are cheap (and can be charged premiums higher than are actuarially fair in order to subsidize older people).

via Young and Uninsured, in Charts – NYTimes.com.


Inequality Is At The Core Of High Health Care Spending: A View From The OECD – Health Affairs Blog

October 9, 2013

Thus, while the US spends more than twice as much on health care than the mean of other OECD countries, its greater GDP and higher prices explain most of it, and income inequality offers an explanation for the rest.

via Inequality Is At The Core Of High Health Care Spending: A View From The OECD – Health Affairs Blog.


MAP: Americas low-income uninsured.

August 29, 2013

Jeff Young tweeted these Census Bureau maps showing where Americas low-income uninsured live, using the cutoffs for Medicaid expansion eligibility and for Obamacare exchange subsidy eligibility.

via MAP: Americas low-income uninsured..


Beware Of Cancer Metastasizing To Your Wallet – Forbes

August 17, 2013

it’s clear that people with cancer diagnoses continued to have a higher rate of bankruptcy than people without such diagnoses.

How much higher?  About 2 ½ times, on average, across all cancers.

via Beware Of Cancer Metastasizing To Your Wallet – Forbes.


Life Expectancy, Schooling, and Lifetime Labor Supply: Theory and Evidence Revisited by Matteo Cervellati, Uwe Sunde :: SSRN

April 1, 2013

This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a sufficient, condition for greater life expectancy to increase optimal schooling. The observed increase in survival rates during working ages that follows from the “rectangularization” of the survival function is crucial for schooling and labor supply. The empirical results suggest that the relative benefits of schooling have been increasing across cohorts of US men born 1840-1930. A simple quantitative analysis shows that a realistic shift in the survival function can lead to an increase in schooling and a reduction in lifetime labor hours.

via Life Expectancy, Schooling, and Lifetime Labor Supply: Theory and Evidence Revisited by Matteo Cervellati, Uwe Sunde :: SSRN.


Education and Health: The Role of Cognitive Ability by Govert Bijwaard, Hans Van Kippersluis, Justus Veenman :: SSRN

April 1, 2013

We aim to disentangle the relative contributions of (i) cognitive ability, and (ii) education on health and mortality using a structural equation model suggested by Conti et al. (2010). We extend their model by allowing for a duration dependent variable, and an ordinal educational variable. Data come from a Dutch cohort born around 1940, including detailed measures of cognitive ability and family background at age 12. The data are subsequently linked to the mortality register 1995-2011, such that we observe mortality between ages 55 and 75. The results suggest that the treatment effect of education (i.e. the effect of entering secondary school as opposed to leaving school after primary education) is positive and amounts to a 4 years gain in life expectancy, on average. Decomposition results suggest that the raw survival differences between educational groups are about equally split between a ‘treatment effect’ of education, and a ‘selection effect’ on basis of cognitive ability and family background.

via Education and Health: The Role of Cognitive Ability by Govert Bijwaard, Hans Van Kippersluis, Justus Veenman :: SSRN.


NCPA Study: Why Do Some States Spend More on Health Care? | NCPA

March 28, 2013

Health care spending in three states – Maine, West Virginia and Mississippi – accounts for one out of every five dollars of state GDP. Conversely, Wyoming spends less one in ten, according to a new study by the National Center for Policy Analysis (NCPA).

“If every state could be like Wyoming, which they cannot, the country as a whole would be spending less of its income on health care than about three-fourths of the other developed countries,” said former Medicare Trustee and NCPA Senior Fellow Thomas R. Saving.

via NCPA Study: Why Do Some States Spend More on Health Care? | NCPA.


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