Medical Spending in Old Age

John Jones and Jessica Sackett Romero

Richmond Fed Economic Brief, 2017, issue May

Abstract: Older Americans' health care spending is relevant to many policy questions. Recent research shows that spending varies considerably with income, as do funding sources for that spending. Overall, the government pays more for lower-income individuals than higher-income individuals, but Medicaid is not just a program for the young and the poor. It provides substantial benefits to older adults with higher incomes as well.

Keywords: health care; Medicaid (search for similar items in EconPapers)
Date: 2017
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