Health economics short answer questions
September 24, 2020
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- Assume that you are asked to evaluate whether health insurance reduces the out-of-pocket health expenditures (i.e., how much money you spend). Explain why comparing out-of-pocket expenditures between insured and uninsured people may not be an accurate evaluation of health insurance. Be detailed, specific, and fully explain your answer.
- Assume that you are asked to evaluate whether health insurance reduces the out-of-pocket health expenditures (i.e., how much money you spend). Explain why a randomized trial is a better way to evaluate whether this intervention will work than a non-randomized design. Be detailed, specific, and fully explain your answer.
- How long (in months) did the King et al., (2009) study wait before they evaluated the effects of health insurance?
- Do you think that the results of the King et al., (2009) study would be different if the Treatment group would have had health insurance for a longer period of time? Why or why not?
- Which of the following is a result of the King et al., (2009) paper?(MC)
- Which of the following is NOT a result of the King et al., (2009) paper? (MC)
- What is adverse selection?
- What is an encouragement design?
- What does ITT stand for?
- What does TOT stand for?
- You conduct a randomized trial where you offer health insurance to the Treatment group; the Control group receives nothing. One-quarter (25%) of the group is in the Treatment group. You find that mean out-of-pocket expenditures in the Control group are $500, but mean out-of-pocket expenditures in the Treatment group are $250. Calculate the ITT (in $).
- You conduct a randomized trial where you offer health insurance to the Treatment group; the Control group receives nothing. One-half (50% of the sample) is assigned Treatment group. Only half of the Treatment group enrolls in health insurance. You find that mean out-of-pocket expenditures in the Control group are $500, but mean out-of-pocket expenditures in the Treatment group are $300. Calculate the ITT (in $).
- You conduct a randomized trial where you offer health insurance to the Treatment group; the Control group receives nothing. One-half (50% of the sample) is assigned Treatment group. Within the Treatment group, only half of them enroll in health insurance; nobody in the Control group enrolls. You find that mean out-of-pocket expenditures in the Control group are $500, but mean out-of-pocket expenditures in the Treatment group are $300. Calculate the TOT (in $).
SAMPLE ASSIGNMENT
Sample-2