The economic impact of Massachusetts healthcare reform on employment
Date
2013
Authors
Blumenshine, Jared, author
Cutler, Harvey, advisor
Mushinski, David, committee member
Costanigro, Marco, committee member
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Abstract
In 2006, the state of Massachusetts pass a law entitled, "An Act Providing Access to Affordable, Quality, Accountable Health Care", which reformed the healthcare market within the state in an attempt to achieve universal coverage. This paper attempts to establish a link between healthcare and employment. Using the National Inpatient Sample, North American Industry Classification System and data from the St. Louis Federal Reserve, a time series model was created to test the impact of Medicaid and private insurance before and after the implementation of the healthcare reform. Additionally, the state of California is used as a control to ensure the accuracy of the model.
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Subject
employment
time series
Massachusetts
healthcare reform
error correction model