Health Care Reform or More Affordable Health Care?

Resumo

This article investigates the impact on the U.S. economy of making health care more affordable. We compare health care cost reductions with the Patient Protection and Affordable Care Act (PPACA) using a rich life cycle general equilibrium model with heterogeneous agents. We found that all policies were able to reduce uninsured population, but the PPACA was the most effective: in the long run, less than 5% of Americans would remain uninsured. Cost reductions alleviated the government budget, while tax hikes were needed to finance the reform. Feasible cost reductions are less welfare improving than the PPACA.

Ficha do documento

Tipo

Estudo

Ano

2016

Instituição

Fundação Getulio Vargas. Escola de Pós-graduação em Economia

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Não informado

Identificador

oai:repositorio.fgv.br:10438/16647

Temas

EconomiaSaúde

Palavras-chave

Affordable health careHealth care reformHealth care costsHealth insuranceGeneral equilibriumPolicy evaluationEconomiaReforma do sistema de saúdeEquilíbrio econômicoSeguro-saúde - Estados UnidosCuidados médicos - Custos