The macroeconomics of heath savings accounts

dc.contributor.authorJung, Juergen
dc.contributor.authorTran, Chung
dc.contributor.departmentTowson University. Department of Economicsen_US
dc.date.accessioned2018-05-16T20:03:39Z
dc.date.available2018-05-16T20:03:39Z
dc.date.issued2010
dc.date.updated2016-11-10
dc.description.abstractWe analyze whether the introduction of Health Savings Accounts (HSAs), which is a health insurance reform coupled with a capital tax reform, can reduce health care expenditures in the United States, while simultaneously increasing the fraction of insured individuals. Unlike previous studies on HSAs, our analysis relies on a general equilibrium framework and therefore fully accounts for feedback effects from general equilibrium price adjustments. Our results from numerical simulations indicate that the introduction of HSAs increases the percentage of the working age population with health insurance in the long run but fails to curtail spending on health care. These results depend critically on the interaction of general equilibrium effects and the annual contribution limits to HSAs. Finally, the long-run tax revenue loss due to the introduction of HSAs is substantial and can amount to up to 5 percent of GDP.en_US
dc.description.urihttps://ideas.repec.org/p/tow/wpaper/2010-12.htmlen_US
dc.formatapplication/pdf
dc.format.extent44 pagesen_US
dc.genreworking papersen_US
dc.identifierdoi:10.13016/M2BK16S4Q
dc.identifier.citationJuergen Jung & Chung Tran, 2010. "The Macroeconomics of Health Savings Accounts," Working Papers 2010-12, Towson University, Department of Economics, revised Nov 2016.en_US
dc.identifier.otherJEL: H51
dc.identifier.otherJEL: I18
dc.identifier.otherJEL: I38
dc.identifier.urihttp://hdl.handle.net/11603/10768
dc.language.isoen_USen_US
dc.publisherTowson University. Department of Economicsen_US
dc.relation.isAvailableAtTowson University
dc.relation.ispartofseriesTowson University Department of Economics Working Paper Series;2010-12
dc.subjectHealth saving accountsen_US
dc.subjectHealth care reformen_US
dc.subjectPrivatization of health care systemsen_US
dc.subjectHealth insuranceen_US
dc.subjectEndogenous healthen_US
dc.subjectStochastic dynamic general equilibriumen_US
dc.subjectEquilibrium (Economics)en_US
dc.titleThe macroeconomics of heath savings accountsen_US
dc.typeTexten_US

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