RT Journal Article
SR Electronic
T1 The Effects of State Medicaid Policies on the Dynamic Savings Patterns and Medicaid Enrollment of the Elderly
JF Journal of Human Resources
JO J Hum Resour
FD University of Wisconsin Press
SP 1082
OP 1127
DO 10.3368/jhr.47.4.1082
VO 47
IS 4
A1 Gardner, Lara
A1 Gilleskie, Donna B.
YR 2012
UL http://jhr.uwpress.org/content/47/4/1082.abstract
AB Medicaid policies that may affect long-term care decisions vary across states and time. Using data from the 1993, 1995, 1998, and 2000 waves of the Assets and Health Dynamics Among the Oldest Old Survey, we estimate a dynamic empirical model of health insurance coverage, long-term care arrangement, asset and gift behavior, and health transitions over time. Long-run simulations from the estimated model reveal that most Medicaid eligibility and generosity policy variables associated with nursing home services have no effect on Medicaid enrollment and asset behavior. Those policies related to home- and community-based services, however, have a significant but small influence.