Insurance Subsidies, the Affordable Care Act, and Financial Stability

Autor/in	Dodini, Samuel
Titel	Insurance Subsidies, the Affordable Care Act, and Financial Stability
Quelle	In: Journal of Policy Analysis and Management, 42 (2023) 1, S.97-136 (40 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0276-8739
DOI	10.1002/pam.22418
Schlagwörter	Health Insurance; Federal Legislation; Federal Aid; Financial Support; Money Management; Taxes + Suchen Sie Ihr Suchwort? Krankenversicherung; Bundesrecht; Finanzielle Förderung; Abgabe
Abstract	This paper measures the effects of subsidies in the Affordable Care Act on adverse financial outcomes using administrative tax data and credit data on financial outcomes. Using a difference-in-differences design with propensity score reweighting, I find that at $100 per capita, ACA premium tax credits and cost-sharing reduction subsidies reduced consumer bankruptcies and severe auto delinquency by 8 percent and 7 percent, respectively, and substantially reduced right-tail delinquent debt and third-party collections. The value of recipients' risk protection against medical debt payments amounts to approximately 16 to 21 percent of the cash costs of the subsidies, while the subsidies provided substantial indirect transfers to external parties. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01