Economics Problem Chapter 16 Solutions


  1. Explain why takeup rates—the fraction of eligible individuals who enroll in the program— are so much higher for Medicare than for Medicaid.
  2. The fact that such a large fraction of U.S. health care costs is spent on people in their last six months of life has led many people to call the American health care system “wasteful.” Why might this be an overgeneralization?
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