Health insurance and retirement behavior: evidence from the health and retirement survey.

TitleHealth insurance and retirement behavior: evidence from the health and retirement survey.
Publication TypeJournal Article
Year of Publication2000
AuthorsRogowski, J, Karoly, LA
JournalJ Health Econ
Date Published2000 Jul
ISSN Number0167-6296
Call Numberpubs_2000_Rogowski_JJHE.pdf
KeywordsAged, Career Mobility, Data collection, Decision making, Employment, Health Services Accessibility, Humans, Insurance, Health, Male, Retirement, Social Class, United States

This paper studies the role of health insurance in the retirement decisions of older workers. As policymakers consider mechanisms for how to increase access to affordable health insurance for the near elderly, considerations of the potential labor force implications of such policies will be important to consider--potentially inducing retirements just at a time when the labor force is shrinking. Using data from the 1992 and 1996 waves of the Health and Retirement Survey, this study demonstrates that access to post-retirement health insurance has a large effect on retirement. Among older male workers, those with retiree health benefit offers are 68% more likely to retire (and those with non-employment based insurance are 44% more likely to retire) than their counterparts who would lose employment-based health insurance upon retirement. In addition, the study demonstrated that in retirement models, when retiree health benefits are controlled for, the effects of pension coverage are reduced, suggesting that these effects may have been overestimated in the prior literature.

User Guide Notes

Endnote Keywords

Retirement/Retirement Policies/Analysis of Health Care Markets/Insurance/Insurance Companies/Elderly/Health Insurance/Health/Insurance/Older Workers/Retirement

Endnote ID


Alternate JournalJ Health Econ
Citation Key6677
PubMed ID11010239
Grant List1-R01-HS-07048 / HS / AHRQ HHS / United States