REDUCING YOUNG INVINCIBLES' HEALTH CARE SPENDING THROUGH THE ACA EXPANSION OF DEPENDENT COVERAGE
Author(s)
Chen J1, Vargas-Bustamante A2, Novak P3
1University of Maryland, College Park, MD, USA, 2UCLA, Los Angeles, MD, USA, 3School of Public Health, University of Maryland, College Park, MD, USA
OBJECTIVES: To estimate health care expenditure trends among young adults ages 19-25 before and after the 2010 implementation of the Affordable Care Act (ACA) extended eligibility for dependent private health insurance coverage. METHODS: Data sources: Nationally representative Medical Expenditure Panel Survey data from 2008 to 2012. Study design: We conducted cross-sectional analyses and employed a difference-in-differences model to estimate health care expenditure trends among young adults ages 19-25 (the treatment group) and ages 27-29 (the control group). Quantile regression was used to capture different associations between the ACA expansion and health care expenditures. RESULTS: Our results show that the treatment group had 10% lower overall health care expenditures and 21% lower out-of-pocket payment compared to the control group in 2011-2012.The overall reduction was more significant at the higher end of the health care expenditure distribution. Results also show the increased spending on physician visits and prescription drugs and the reduction on inpatient visit costs of the treatment group in 2011-2012. Expenditures of private health insurers and Medicaid were similar before and after the ACA expansion. CONCLUSIONS: Increased health insurance enrollment as a consequence of the ACA extended eligibility for dependent’s private coverage might have successfully reduced spending and catastrophic expenditures.
Conference/Value in Health Info
2016-05, ISPOR 2016, Washington DC, USA
Value in Health, Vol. 19, No. 3 (May 2016)
Code
PHS133
Topic
Economic Evaluation, Health Policy & Regulatory, Health Service Delivery & Process of Care
Topic Subcategory
Approval & Labeling, Cost/Cost of Illness/Resource Use Studies, Health Care Research
Disease
Reproductive and Sexual Health