Retiree Health Insurance and Labor Force Behavior of Older Men in the 1990s

TitleRetiree Health Insurance and Labor Force Behavior of Older Men in the 1990s
Publication TypeJournal Article
Year of Publication2001
AuthorsBlau, DM, Gilleskie, DB
JournalReview of Economics and Statistics
Volume83
Issue1
Pagination64-80
Call Numberpubs_2001_Blau_DRevEconStatStud.pdf
KeywordsEmployment and Labor Force, Medicare/Medicaid/Health Insurance, Retirement Planning and Satisfaction
Abstract

In this study the authors use behavioral and empirical models, along with data from Wave 1 (1992) and Wave 2 (1994) of the Health and Retirement Study, to gain an understanding of how changes in health insurance policies effect a persons decision to retire or continue working. It is hypothesized that older men who have employer-provided health insurance along with employer-provided retiree health insurance (EPRHI) are more likely to retire, as well as less likely to reenter the labor force or change jobs, than a similar person without EPRHI. From their models the author s observe that one s own EPRHI and one s spouses EPRHI are correlated with lower job changing, but not significantly. Older men and those with poor health are less affected by EPRHI than their younger or healthier counterparts. Also, EPRHI is associated with low labor force exit and higher labor force entrance, but not significantly.

Endnote Keywords

Health insurance/Retirement Planning/Labor Force Participation

Endnote ID

8606

Citation Key6763