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MEASURING HEALTH INSURANCE BENEFITS: THE CASE OF PEOPLE WITH DISABILITIES
Author(s) -
Burkhauser Richard V.,
Larrimore Jeff,
Lyons Sean
Publication year - 2017
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1111/coep.12213
Subject(s) - government (linguistics) , health insurance , value (mathematics) , business , health care , public health insurance , actuarial science , public economics , self insurance , economics , demographic economics , economic growth , philosophy , linguistics , machine learning , computer science
Since 2012, the Congressional Budget Office has included an estimate of the market value of government‐provided health insurance coverage in its measures of household income. We follow this practice for both public and private health insurance to capture the impact of greater access to government‐provided health insurance for working‐age people with disabilities, whose market value rose in 2010 dollars from $11.7 billion in 1980 to $114.3 billion in 2012. We then consider the more general implications of incorporating estimates of the market price of insurance, equivalent to that provided by the government, into policy analyses in a post‐Affordable Care Act world. ( JEL D31, H24, I18, J31)