The Impact of Health Insurance Availability on Retirement Decision Reversals

TitleThe Impact of Health Insurance Availability on Retirement Decision Reversals
Publication TypeReport
Year of Publication2006
AuthorsCongdon-Hohman, J
InstitutionThe University of Michigan, Michigan Retirement Research Center
Call Numbernewpubs20070125_Congdon-Hohman_wp137
KeywordsMedicare/Medicaid/Health Insurance, Retirement Planning and Satisfaction

This paper uses the longitudinal aspect of the Health and Retirement Survey to explore the characteristics associated with reversals in retirement (referred to here as unretirement ). Through the use of survival time analysis, this paper show that health insurance plays a significant role in unretirement decisions. This role is underestimated when a static probit analysis is used alone. The results hold up for a number of different retirement identifiers that are based both on self-reports of retirement and actual work levels. The results are also robust to various definitions of retirement prompted by the difficult question of how to classify partial retirements. The importance of health insurance provision in a retiree s decision also remains significant when other shocks and the prospect of planned unretirement are introduced.

Endnote Keywords

Health Insurance Coverage/RETIREMENT

Endnote ID


Citation Key5666