Assessing the Impact of Health Insurance and Other Socioeconomic Factors on Inequality in Health Care Expenditures among Farm Households

Author:

El-Osta Hisham S.

Abstract

This research uses data from the 2005–2011 Agricultural Resource Management Survey and a two-part-model regression procedure to examine the impact of health insurance and other relevant socioeconomic factors on the distribution of health care expenditures among U.S. farm households. Findings show the importance of privately acquired health insurance coverage in explaining inequality in health care expenditures. The results also reveal, among other things, a statistical positive association between health care expenditures and farm operators who fall into the baby boomer age category. A similar statistical association is found for higher income levels but not for inequality of income.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Agronomy and Crop Science

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4. This finding, which concerns farm households, contradicts the results of some studies of the general U.S. population in which relatively highly educated individuals were more likely to manage their use of health care resources efficiently and, accordingly, were able to produce a given level of health using less inputs (Yoo 2011). A study by Meara, Seth, and Cutler (2008) pointed to the likelihood of higher rates of obesity and tobacco use among poorer individuals (who also tend to be less educated), resulting in adverse impacts on health outcomes and, consequently, on health care expenditures.

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