When your governor took office, 100,000 children in your state were eligible for Medicaid and 200,000 children were not. Now, thanks to a large expansion in Medicaid, 150,000 children are eligible for Medicaid and 150,000 children are not. Your governor boasts that, under her watch, “the number of children without access to health care fell by one-quarter.” Is this a valid statement to make? Why or why not?
Answer to relevant QuestionsExplain why take-up rates—the fraction of eligible individuals who enroll in the program— are so much higher for Medicare than for Medicaid. Suppose the government decided to subsidize health insurance for the currently uninsured, requiring participants to pay half of their health insurance costs up to 10% of total family income. a. How might this policy affect ...One feature of Medicare coverage is that individuals are responsible for 20% of their Part B (primary physician) costs, without limit. Individuals have traditionally purchased Medi-gap policies that cover this gap by paying ...An individual can earn $12 per hour if he or she works. Draw the budget constraints that show the monthly consumption–leisure trade-off under the following three welfare programs. a. The government guarantees $600 per ...Jackie spends her money on food and all other goods. Right now, she has an income of $600 per month. Compare two alternative welfare programs in which she could participate: program A would provide her with a monthly check ...
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