Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider a population of 1,000 families: 200 had Medicaid insurance, 700 had some other type of insurance, and 100 were uninsured. Supposed that Medicaid expanded

Consider a population of 1,000 families: 200 had Medicaid insurance, 700 had some other type of insurance, and 100 were uninsured. Supposed that Medicaid expanded eligibility to allow additional families to get coverage. After one year, 250 families now have Medicaid, 675 now have private insurance, and 75 are uninsured.

a. Calculate take-up and crowding out both in number of families and in rates

b. Has insurance coverage for the population increased

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Calculating Takeup and Crowding Out in Medicaid Expansion a Takeup and Crowding Out Number of famili... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Data Analysis And Decision Making

Authors: Christian Albright, Wayne Winston, Christopher Zappe

4th Edition

538476125, 978-0538476126

More Books

Students also viewed these Economics questions

Question

Identify the benefits of open-book management.

Answered: 1 week ago

Question

WHAT outcomes must be achieved to satisfy this requirement?

Answered: 1 week ago