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Article
How the Growing Gap in Life Expectancy May Affect Retirement Benefits and Reforms
Older Americans have experienced dramatic gains in life expectancy in recent decades, but an emerging literature reveals that these gains are accumulating mostly to those at the top of the income distribution....
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Article
Prescription Drug Coverage and Medicare Spending among U.S. Elderly
The introduction of Medicare Part D has generated interest in the cost of providing drug coverage to the elderly. Of paramount importance—often unaccounted for in budget estimates—are the salutary effects that...
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Article
An Analysis of Unobserved Selection in an Inpatient Diagnostic Cost Group Model
The study assesses unobserved selection bias in an inpatient diagnostic cost group (DCG) model similar to Medicare's Principal Inpatient Diagnostic Cost Group (PIP-DCG) risk adjustment model using a unique dat...