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Keywords:Medical care, Cost of 

Journal Article
Lessons from variations in state Medicaid expenditures

Because Medicaid is absorbing a large and growing share of government spending in every state, policymakers are under intense pressure to control the cost of this budget-breaking program. In search of clues concerning Medicaid cost containment, this article examines state data on per-recipient Medicaid spending by type of service. This effort suggests focusing on nursing homes, because per-recipient payments to these institutions are highly variable across states. Indeed, the article concludes that a key explanation for cross-state differences in per-recipient Medicaid expenses is the ...
New England Economic Review , Issue Jan , Pages 43-66

Journal Article
The rising cost of medical care and its effect on inflation

Economic Review , Volume 76 , Issue Sep , Pages 47-58

Journal Article
The cost of living: Health care spending is higher than ever and still climbing

Fedgazette , Volume 14 , Issue May , Pages 1-3

Working Paper
Differential mortality, uncertain medical expenses, and the saving of elderly singles

People have heterogenous life expectancies: women live longer than men, rich people live longer than poor people, and healthy people live longer than sick people. People are also subject to heterogenous out-of-pocket medical expense risk. We show that all of these dimensions of heterogeneity are large for the elderly. Can these factors explain their lack of asset decumulation even at very advanced ages and the high saving rate of the income-rich elderly? We answer this question in two steps. We first estimate the uncertainty about mortality and outof pocket medical expenditures as functions ...
Working Paper Series , Paper WP-05-13

Journal Article
Hospital services to go

Cross Sections , Volume 10 , Issue Win , Pages 20-21

Journal Article
The government's role in the health care industry: past, present, and future

A look at some of the reasons behind the ascent in health care costs over the last few decades and an analysis of how government policy has both contributed to and tried to rein in these costs.
Economic Commentary , Issue Jun

Working Paper
On the distribution and dynamics of health costs

Using data from the Health and Retirement Survey (HRS) and Assets and Health Dynamics of the Oldest Old (AHEAD), this paper presents estimates of the stochastic process that determines both the distribution and dynamics of health costs. We find that the data generating process for health costs is well represented by an ARMA(1,1). Furthermore, innovations to this process are close to lognormally distributed. In any given year, .1% of our sample receives a health cost shock that costs at least $80,000 in present value. Lastly, we discuss the accuracy of numerical solutions when integrating over ...
Working Paper Series , Paper WP-02-21

Journal Article
Statement to Congress, April 20, 1998, (reassessment of the Medicare program).

Federal Reserve Bulletin , Issue Jun

Journal Article
Building healthier communities from the ground up

This issue of Banking and Community Perspectives focuses on some nonlegislative efforts to foster healthier communities, particularly in low- and moderate-income areas. These efforts are led by both public and private organizations across the Federal Reserve's Eleventh District.
Banking and Community Perspectives , Issue 2 , Pages 3-10, 12

Journal Article
Rx for aging health care facilities

Health care capital investment has surged across most of the district, but the wish list isn't necessarily getting any shorter.
Fedgazette , Volume 19 , Issue Jan , Pages 1-4


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