【AEW webinar】What Does Health Insurance Do? & Rising Retail Concentration: Superstar Firms and Household Demand

  • 研討會日期 : 2022-06-02
  • 時間 : 08:30
  • 主講人 : Professor Matthew Notowidigdo & Justin H. Leung
  • 地點 : Register and join online
  • 演講者簡介 : Professor Notowidigdo received his Ph.D. in Economics from Massachusetts Institute of Technology in 2019. He is currently a Professor of Economics at University of Chicago Booth School of Business. His research interests are Labor economics, public finance, and health economics.

    Professor Leung received his Ph.D. in Economics from University of Chicago Booth School of Business in 2014. He is currently an Assistant Professor at National University of Singapore. His primary research fields are Labor Economics, Public Economics, Industrial Organization, and Secondary research fields are Applied Microeconomics, and Development Economics.
  • 演講摘要 : We use an event study approach to examine the economic consequences of hospital admissions for adults in two datasets: survey data from the Health and Retirement Study, and hospitalization data linked to credit reports. For non-elderly adults with health insurance, hospital admissions increase out-of-pocket medical spending, unpaid medical bills and bankruptcy, and reduce earnings, income, access to credit and consumer borrowing. The earnings decline is substantial compared to the out-of-pocket spending increase, and is minimally insured prior to age-eligibility for Social Security Retirement Income. Relative to the insured non-elderly, the uninsured nonelderly experience much larger increases in unpaid medical bills and bankruptcy rates following a hospital admission. Hospital admissions trigger less than 5 percent of all bankruptcies.