How Good a Deal Was the Tobacco Settlement? Assessing Payments to Massachusetts.

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 2000
Volume: 21
Issue: 2-3
Pages: 235-61

Authors (8)

Cutler, David M (not in RePEc) Epstein, Arnold M. (not in RePEc) Frank, Richard G. (not in RePEc) Hartman, Raymond (not in RePEc) King, Charles III (not in RePEc) Newhouse, Joseph P. (National Bureau of Economic Re...) Rosenthal, Meredith B. (not in RePEc) Vigdor, Elizabeth Richardson (not in RePEc)

Score contribution per author:

0.251 = (α=2.01 / 8 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We estimate the increment in Massachusetts Medicaid program costs attributable to smoking from December 20, 1991 to 1998. We describe how our methods improve upon earlier estimates of analogous costs at the national level. Current costs to the Massachusetts Medicaid program approximate the payments to Massachusetts under the tobacco settlement of November 1998. Whether these payments are viewed as appropriate compensation for Medicaid costs over time depends upon the rate of increase in future health care costs, the rate of decline in smoking, the proportion of smoking that should be attributed to the actions of the tobacco companies and the likelihood the state would have prevailed at trial. The costs to the Medicaid program are dwarfed by the internal costs to smokers themselves. Copyright 2000 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:jrisku:v:21:y:2000:i:2-3:p:235-61
Journal Field
Theory
Author Count
8
Added to Database
2026-01-25