Answer Happy

In Class Exercise Before the implementation of the affordable care act most insurance companies would only cover dependents until age 19 unless they were attending college. As a result some people would age out of parents insurance when they turn 19. What is the effect of health insurance on the probability young adults will visit the a hospital emergency department. 1. What is the first stage and what does it tell us? 2. What is the reduced form and what does it tell us? 3. What is the effect of insurance on emergency room visits? 4. Who is this estimate specific to? Do you think it would apply well to 50 year olds who lost their insurance because they lost their jobs? 5. Assess the three assumptions under which IV gives consistent estimates. Do you think they are met why or why not?