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Figure 7: Winners and losers under the proposed PMT formula
Figure 7: Winners and losers under the proposed PMT formula
Source: Authors’ calculations on HIES 2018. Note: The percentages indicate the share of people from each decile who keep, gain (‘winners’), lose (‘losers’), do not gain eligibility status as a result of the proposed PMT formula changes. Winners are people who become covered by TSA as a result of the formula update. Losers are people who lose eligibility for TSA as a result of the update. Beneficiaries after the formula changed are identified assuming budget neutrality from the change: households are ranked according to the new formula and assumed to be covered starting from the poorest, until the projected total cost of TSA transfers under the new formula equates the estimated total cost under the old formula. The relevant threshold is a PMT score of 66,850 up from the 65,000 threshold in the old formula.
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