College of Letters and Science Distinguished Speakers Series, Matthew Notowidigdo
- Thursday, March 5, 2020 at 5:00pm
- Barnard Hall, Room 103 - view map
Matthew Notowidigdo, associate professor of economics in the Department of Economics at Northwestern University, will present "What Does Health Insurance Do?" as part of the College of Letters and Science's Distinguished Speakers Series.
What does health insurance do? Health insurance confers benefits to the previously uninsured, including improvements in health, reductions in out-of-pocket spending and reduced medical debt. Notowidigdo will argue that health insurance also confers benefits to health care providers, because the uninsured often pay only a small share of their medical expenses. The prevalence of this "uncompensated care" for the uninsured helps explain the limited take-up of heavily subsidized public health insurance, which is often interpreted as evidence that public health insurance recipients value formal health insurance at substantially less than the cost to insurers of providing that coverage. The Affordable Care Act's Medicaid expansion has been a useful laboratory for studying all of these economic issues.
About the speaker:
Matthew Notowidigdo is associate professor in the Department of Economics at Northwestern University. He is also a Research Fellow at the Institute for Labor Studies, a Faculty Fellow at the Institute for Policy Research, a Research Associate at the National Bureau of Economics Research and a consultant for the Boston Red Sox. Notowidigdo's research focuses on a wide range of topics related to how public policy intersects with the economics of healthcare, where he has studied the Affordable Care Act, Medicaid expansions and medical bankruptcy. His research has been published in top economics journals.
This talk is sponsored by the Department of Agricultural Economics and Economics with support from the College of Letters and Science.