How Does Retiree Health Insurance Influence Public Sector Employee Saving?
AbstractEconomic 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.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 19511.
Date of creation: Oct 2013
Date of revision:
Publication status: Forthcoming: How Does Retiree Health Insurance Influence Public Sector Employee Saving? , Robert L. Clark, Olivia S. Mitchell. in State and Local Health Plans for Active and Retired Public Employees , Clark and Newhouse. 2014
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Find related papers by JEL classification:
- H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
- I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
- I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
This paper has been announced in the following NEP Reports:
- NEP-AGE-2013-10-18 (Economics of Ageing)
- NEP-ALL-2013-10-18 (All new papers)
- NEP-HEA-2013-10-18 (Health Economics)
- NEP-IAS-2013-10-18 (Insurance Economics)
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