The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession
AbstractThis paper investigates the impact of the macroeconomy on the health insurance coverage of Americans using panel data from the Survey of Income and Program Participation (SIPP) for 2004-2010, a period that includes the Great Recession of 2007-09. We find that a one percentage point increase in the state unemployment rate is associated with a 1.67 percentage point (2.12%) reduction in the probability that men have health insurance; this effect is strongest among college-educated, white, and older (50-64 year old) men. For women and children, health insurance coverage is not significantly correlated with the unemployment rate, which may be the result of public health insurance acting as a social safety net. Compared to the previous recession, the health insurance coverage of men is more sensitive to the unemployment rate, which may be due to the nature of the Great Recession.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 17600.
Date of creation: Nov 2011
Date of revision:
Note: CH EFG HC HE LS PE
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Other versions of this item:
- Cawley, John & Moriya, Asako S. & Simon, Kosali, 2011. "The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession," IZA Discussion Papers 6124, Institute for the Study of Labor (IZA).
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
- J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Private Pensions
- J6 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-11-28 (All new papers)
- NEP-HEA-2011-11-28 (Health Economics)
- NEP-IAS-2011-11-28 (Insurance Economics)
- NEP-LAB-2011-11-28 (Labour Economics)
- NEP-MAC-2011-11-28 (Macroeconomics)
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- Cathy J. Bradley & David Neumark & Scott Barkowski, 2012. "Does Employer-Provided Health Insurance Constrain Labor Supply Adjustments to Health Shocks? New Evidence on Women Diagnosed with Breast Cancer," NBER Working Papers 18060, National Bureau of Economic Research, Inc.
- Erdal Tekin & Chandler McClellan & Karen Jean Minyard, 2013.
"Health and Health Behaviors during the Worst of Times: Evidence from the Great Recession,"
NBER Working Papers
19234, National Bureau of Economic Research, Inc.
- Tekin, Erdal & McClellan, Chandler & Minyard, Karen Jean, 2013. "Health and Health Behaviors during the Worst of Times: Evidence from the Great Recession," IZA Discussion Papers 7538, Institute for the Study of Labor (IZA).
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