Health insurance and health at age 65: implications for medical care spending on new Medicare beneficiaries.

ABSTRACT:

Objectives

To investigate the consequences of endogeneity bias on the estimated effect of having health insurance on health at age 63 or 64, just before most people qualify for Medicare, and to simulate the implications for total and public insurance (Medicare and Medicaid) spending on newly enrolled beneficiaries in their first years of Medicare coverage.

Data

The longitudinal Health and Retirement Survey of people who were 55-61 years old in 1992, followed through biannual surveys to age 63-64 or until 2000 (whichever came first), and those who were 66-70 years olds from the Medicare Current Beneficiary Surveys, 1992-1998.

Study design

Instrumental variable (IV) estimation of a simultaneous equation model of insurance choice and health at age 63-64 as a function of

SUBMITTER: Hadley J 

PROVIDER: S-EPMC1702516 | biostudies-literature | 2006 Apr

REPOSITORIES: biostudies-literature