Title | How Does Retiree Health Insurance Influence Public Sector Employee Saving? |
Publication Type | Report |
Year of Publication | 2013 |
Authors | Clark, R, Mitchell, OS |
Institution | Cambridge, MA, National Bureau of Economic Research |
Keywords | Insurance, Net Worth and Assets, Public Policy, Retirement Planning and Satisfaction |
Abstract | Economic theory predicts that employer-provided retiree health insurance benefits crowd-out household wealth accumulation. Nevertheless, there is little research on the impacts of retiree health insurance on wealth accruals, so this paper utilizes a unique data file on three baseline cohorts from the Health and Retirement Study to explore how employer-provided retiree health insurance may influence net household wealth among public sector employees, where retiree healthcare benefits are still quite prevalent. We find that most full-time public sector employees who anticipate receiving employer-provided health insurance coverage in retirement save less than their private sector uncovered counterparts. |
Endnote Keywords | retiree health insurance/household wealth/Public Sector/employer-provided health insurance |
Endnote ID | 999999 |
Citation Key | 5978 |