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| Author: | McClellan, M. Skinner, J. |
| Title: | The incidence of Medicare |
| Journal: | Journal of Public Economics
2006 : JAN, VOL. 90:1-2, p. 257-276 |
| Index terms: | health insurance health service USA |
| Freeterms: | redistribution |
| Language: | eng |
| Abstract: | The Medicare program transfers nearly $300 billion annually from taxpayers to beneficiaries. This article considers the incidence of such transfers in the context of a life cycle model with uncertainty about future health care expenditures. The study finds the distributional consequences of the Medicare program to be roughly neutral in dollar terms; households living in high income neighborhoods pay more in taxes, but they also receive more in benefits. |
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