A Health Economist’s Take on Medicaid: Medpage Today

A Health Economist’s Take on Medicaid: Medpage Today

“Medicaid’s original objective was to provide medical care coverage to the poor. The poor, like the elderly (whose medical care would be covered by Medicare), had been largely left out of the U.S.’s growing employer-based insurance market because, starting in the 1950s, insurers began the practice of risk-rating (i.e., basing insurance premiums more on the […]