HEALTH, HEALTH INSURANCE, AND INEQUALITY

• 成果类型: Article
• 署名作者: Chen, Chaoran; Feng, Zhigang; Gu, Jiaying
• 署名单位: York University - Canada; University of Nebraska System; University of Nebraska Omaha; University of Toronto
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12722
• 发表日期: 2025
• 页码: 107-141
• 关键词: Medicaid; care; income; DYNAMICS; REFORM; LIFE; Heterogeneity; eligibility; bankruptcy; mortality

摘要

This article identifies a health premium of insurance coverage: insured individuals are more likely to maintain good health or recover from poor health. We introduce this feature into a prototypical macrohealth model and estimate the baseline economy by matching the observed joint distribution of health insurance, health, and income over the life cycle. Quantitative analysis reveals that an individual's insurance status has a substantial and persistent impact on health. Providing universal health coverage would narrow health and life expectancy gaps, with a mixed effect on the income distribution in the absence of any additional redistribution of income or wealth.