EconPapers    
Economics at your fingertips  
 

How Much Do Older Workers Value Employee Health Insurance?

Leora Friedberg, Wei Sun () and Anthony Webb ()

Issues in Brief from Center for Retirement Research

Abstract: This brief seeks to answer the question in the title by analyzing data from the Health and Retirement Study (HRS), a nationally representative survey of older Americans. New questions in the HRS enable researchers to compare the value that workers place on health insurance with their perceptions about the cost of coverage. The comparison of cost with willingness-to-pay is important for two reasons. First, it helps us understand why some workers and their families do not have health insurance. In one sense, the reason is straightforward. The overwhelming majority — 85 percent — of uninsured workers of all ages are either ineligible for coverage that their employer provides or else work for an employer that does not offer coverage. This absence of employer-provided coverage leaves them to seek health insurance on the individual market, where both prices and denial rates are high...

Pages: 10 pages
Date: 2008-07, Revised 2008-07
New Economics Papers: this item is included in nep-age, nep-hea, nep-ias and nep-lab
References: Add references at CitEc
Citations:

Downloads: (external link)
http://bit.ly/LRN706
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://bit.ly/LRN706 [301 Moved Permanently]--> http://crr.bc.edu/briefs/how-much-do-older-workers-value-employee-health-insurance/ [301 Moved Permanently]--> https://crr.bc.edu/briefs/how-much-do-older-workers-value-employee-health-insurance/)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:crr:issbrf:ib2008-8-9

Access Statistics for this paper

More papers in Issues in Brief from Center for Retirement Research Contact information at EDIRC.
Bibliographic data for series maintained by Amy Grzybowski () and Christopher F Baum ().

 
Page updated 2025-03-30
Handle: RePEc:crr:issbrf:ib2008-8-9