Measures of income should include health insurance, study finds
Tuesday, November 20, 2012 - 09:00
in Mathematics & Economics
The value of health insurance should be included in official measures of U.S. income and poverty, because it will help us to better evaluate public policies like Obamacare, according to a new study by a Cornell economist and his colleagues. Using this methodology, they show that Obamacare will generate significant benefits for families in the lowest economic classes—benefits overlooked when using traditional calculations.