The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession
John Cawley (),
Asako S. Moriya () and
Kosali Simon ()
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Asako S. Moriya: Carnegie Mellon University
No 6124, IZA Discussion Papers from Institute of Labor Economics (IZA)
This paper investigates the impact of the macroeconomy on the health insurance coverage of Americans using panel data from the Survey of Income and Program Participation (SIPP) for 2004-2010, a period that includes the Great Recession of 2007-09. We find that a one percentage point increase in the state unemployment rate is associated with a 1.67 percentage point (2.12%) reduction in the probability that men have health insurance; this effect is strongest among college-educated, white, and older (50-64 year old) men. We estimate that 9.3 million Americans, the vast majority of whom were adult men, lost health insurance due to a higher unemployment rate alone during the 2007-09 recession. We conclude with a discussion of how components of recent health care reform may influence this relationship in the future.
Keywords: unemployment; recession; health insurance; Medicaid; SCHIP (search for similar items in EconPapers)
JEL-codes: I10 J3 J6 E32 (search for similar items in EconPapers)
Pages: 39 pages
New Economics Papers: this item is included in nep-hea and nep-ias
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Published in: Health Economics, 2014, [Online First]
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Journal Article: The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession (2015)
Working Paper: The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp6124
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