The incidence of the healthcare costs of chronic conditions.

TitleThe incidence of the healthcare costs of chronic conditions.
Publication TypeJournal Article
Year of PublicationForthcoming
AuthorsLee, KMin, Jeung, C
JournalInternational Journal of Health Economics and Management
ISSN Number2199-9031
KeywordsChronic disease, Compensating wage differential, Employer-sponsored health insurance, Wage
Abstract

Who pays for the costs of chronic conditions? In this paper, we examine whether 50-64-year old workers covered by employer-sponsored insurance bear healthcare costs of chronic conditions in the form of lower wages. Using a difference-in-differences approach with data from the Health and Retirement Study, we find that workers with chronic diseases receive significantly lower wages than healthy workers when they are covered by employer-sponsored insurance. Our findings suggest that higher healthcare costs of chronic conditions can explain the substantial part of the wage gap between workers with and without chronic diseases.

DOI10.1007/s10754-021-09305-6
Citation Key11605
PubMed ID33945052
Grant ListRG-201710-3097 / / Ewing Marion Kauffman Foundation /