Task:
Medicare and Patient Outcomes
The dataset data1.dta contains information on 3,025 people ages 55-74 in 1963 and 1970. You will use it to generate evidence on what Medicare did when it began and how that may have affected private insurance markets.
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Get Help Now!Using what you know about who Medicare covers and when it began, make a diff-in-diff table that shows how you would analyze this policy. What is Z?
Make a table with showing 8 DD effects for:
- Having No Regular Source of Care
- Seeing Physician Last Year
- Having Any Prescription Drug Expenditures
- Having Any OOP Prescription Drug Expenditures
- Reporting Excellent or Good Health
- Total Expenditures
- Out of Pocket Expenditures
- Out of Pocket Expenditures as a Share of Income
Now make a dummy variables for OOP spending greater than: 0, 100, 500, 1000, and 5000. Make another table of DD estimates using these variables as the outcome.
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