Events
"Hospital Billing Caps and Financial Distress in California" - Dr Nathan Blascak
Household Finance Seminar Series - 4/4 | 3:45 PM | Nancy Nicholas Hall Room 1199 (Wisconsin Idea Room)
April 4th, 3:45pm–4:45pm
We examine the financial consequences of the 2007 California Fair Pricing Law, which places a price ceiling on hospital bills for financially vulnerable individuals. Exploiting cross-sectional variation in exposure to the law, we estimate its impact on financial distress. We find that the law reduces the likelihood of incurring non-medical debt in collections by 14.5 percent and the number of non-medical collections by 31 percent.
Details
Date: April 4th
Time: 3:45pm–4:45pm