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The Interaction of Public and Private Insurance: Medicaid and the Long-Term Care Insurance Market

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NBER2004-12-01 更新2025-01-04 收录
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We show that the provision of even incomplete public insurance can substantially crowd out private insurance demand. We examine the interaction of the public Medicaid program with the private market for long-term care insurance and estimate that Medicaid can explain the lack of private insurance

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2004-12-01
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