The US spends substantially more on health care per capita than other high-income countries yet leaves a greater share of the population uninsured. Traditional economic models—and common sense—point to the benefit of having at least some health insurance, if only for financial protection. In add...
Randomized controlled trials are the gold standard for measuring causal effects. However, they are often not always feasible, and causal treatment effects
With worries about a continued slowdown in the job market making headlines, a sufficiently padded emergency fund can keep you from having to use credit cards or payday loans to pay bills if you lose your job. The amount to set aside “depends on how long you expect to be looking for work...
Learning about the different types of psychological therapy options available to you or someone you love for treatment may benefit you in making an informed decision for psychological care. Getty Sometimes it helps to talk things out with a neutral party Resolve personal challenges in psychotherapy ...
“In a non-FDIC-insured bank, if that entity were to fail they are subject to a bankruptcy,” says Martin Becker, chief of deposit insurance at the FDIC. “A trustee then divvies up the money, and in that case the [depositor] is not a depositor, they would be investors. They would...
Health insuranceCommunity ratingRisk-selectionThis paper presents a model of a competitive health insurance market with two risk types and two health benefits. In the benchmark case, community rating insurers (CRIs) are only allowed to offer the basic benefit. The additional benefit is sold by ...
Benefits: The CDS works as insurance to protect lenders andbondholdersfrom borrowers’ default risk. Zero Coupon Swaps Similar to the interest rate swap, thezero coupon swapoffers flexibility to one of the parties in the swap transaction. In a fixed-to-floating zero coupon swap, the fixed rate...
Term life insurance is attractive toyoung people with children. Parents can obtain substantial coverage for a low cost, and if the insured dies while the policy is in effect, the family can rely on the death benefit to replace lost income. ...
Child’s Health Insurance Program (CHIP) Temporary Assistance to Needy Families Housing assistance Earned Income Tax Credit (EITC) The U.S. federal government doesn't give out grants to individuals or families in need. It's a scam if someone offers to help you get one. Do not give that ...
You'll also benefit from the highest possible Social Security payout. Benefits increase on a prorated basis until you reach age 70 when they're 132% of your full amount if you were born between 1943 and 1954.And if you were born in 1960 or later, your benefit would increase by 124%....