American families and a major challenge to the sustainability of Medicaid. To address the latter, the long-term care … eligible for Medicaid to pay her LTSS expenses, and thereby reduce Medicaid expenditures. This paper exploits two unique … progressive development of the LTCP, we identify differences in trends in insurance uptake and Medicaid long-term care …

I consider the popular argument of Medicaid crowding out demand for private long-term care insurance. I show that this … argument rests on a wrong counterfactual comparison. Furthermore, I question the welfare-decreasing impact of Medicaid as it …

, payers, and providers. We conceptualize and empirically estimate the prevalence and cost of prolonged stays among elderly …