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3 edition of Dynamic inefficiencies in employment-based health insurance system theory and evidence found in the catalog.

Dynamic inefficiencies in employment-based health insurance system theory and evidence

Hanming Fang

Dynamic inefficiencies in employment-based health insurance system theory and evidence

by Hanming Fang

  • 372 Want to read
  • 22 Currently reading

Published by National Bureau of Economic Research in Cambridge, Mass .
Written in English

    Subjects:
  • Insurance, Health -- United States,
  • Medical care -- Decision making -- Econometric models,
  • Medical policy -- United States

  • About the Edition

    We investigate how the employment-based health insurance system in the U.S. affects individuals" life-cycle health-care decisions. We take the viewpoint that health is a form of human capital that affects workers" productivities on the job, and derive implications of employees" turnover on the incentives to undertake health investment. Our model suggests that employee turnovers lead to dynamic inefficiencies in health investment, and particularly, it suggests that employment-based health insurance system in the U.S. might lead to an inefficient low level of individual health during individuals" working ages. Moreover, we show that under-investment in health is positively related to the turnover rate of the workers" industry and increases medical expenditure in retirement. We provide empirical evidence for the predictions of the model using two data sets, the Medical Expenditure Panel Survey (MEPS) and the Health and Retirement Study (HRS). In MEPS, we find that employers in industries with high turnover rates are much less likely to offer health insurance to their workers. When employers offer health insurance, the contracts have higher deductibles and employers" contribution to the insurance premium is lower in high turnover industries. Moreover, workers in high turnover industries have lower medical expenditure and undertake less preventive care. In HRS, instead we find that individuals who were employed in high turnover industries have higher medical expenditure when retired. The magnitude of our estimates suggests significant degree of intertemporal inefficiencies in health investment in the U.S. as a result of the employment-based health insurance system. We also evaluate and cast doubt on alternative explanations.

    Edition Notes

    StatementHanming Fang, Alessandro Gavazza.
    SeriesNBER working paper series -- no. 13371., Working paper series (National Bureau of Economic Research) -- working paper no. 13371.
    ContributionsGavazza, Alessandro., National Bureau of Economic Research.
    The Physical Object
    Pagination40, [19] p. :
    Number of Pages40
    ID Numbers
    Open LibraryOL17635442M
    OCLC/WorldCa174308286

    book is dated in 2. selected articles from the electronic journals collection Dynamic inefficiencies in employment-based health insurance system: theory and evidence / Hanming Fang, Alessandro Gavazza -- Cambridge, MA: NBER, 40 International Journal of Health Care Finance and Economics September , Volume 1, Issue 3–4, pp – | Cite as Making Sense of a Complex System: Empirical Studies of Cited by:

    health policy report The new england journal of medicine 82 n engl j med ;1 anvgames.com july 6, Employer-Sponsored Health Insurance in the United States — Origins and Implications David Blumenthal, M.D., M.P.P. Varied as they may be, most U.S. readers of the. Employment-based Health Insurance and Misallocation: Implications for the Macroeconomy David Chivers y Durham Zhigang engF z Nebraska Anne Villamil x Iowa September 1, Abstract Most working-age Americans obtain health insurance through the workplace. U.S. law requires employers to use a common price, but the aluev of insurance ariesv with.

    Abstract. A distinctive feature of the health insurance market in the US is the restriction of group insurance availability to the workplace. This has a number of important implications for the functioning of the labor market, through mobility from job-to-job or in and Cited by: Health Benefits at Work explores the political economy of health policy when the stakeholders have an uncertain and possibly incorrect understanding of their actual interests. For the benefits specialist, it provides an accessible treatment of the complex and often counterintuitive economics of health benefits.


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Dynamic inefficiencies in employment-based health insurance system theory and evidence by Hanming Fang Download PDF EPUB FB2

Dynamic Inefficiencies in Employment-Based Health Insurance System Theory and Evidence Hanming Fang, Alessandro Gavazza. NBER Working Paper No. Issued in September NBER Program(s):Health Care Program, Industrial Organization Program, Labor Studies Program, Public Economics Program.

Dynamic Inefficiencies in Employment-Based Health Insurance System: Theory and Evidence Hanming Fang and Alessandro Gavazza NBER Working Paper No. September JEL No. D91,D92,I1,I12 ABSTRACT We investigate how the employment-based health insurance system in the U.S.

affects individuals' life-cycle health-care decisions. Get this from a library. Dynamic inefficiencies in employment-based health insurance system theory and evidence.

[Hanming Fang; Alessandro Gavazza; National Bureau of Economic Research.] -- We investigate how the employment-based health insurance system in the U.S. affects individuals' life-cycle health-care decisions. We take the viewpoint that health is a form of human capital that.

Downloadable. We investigate how the employment-based health insurance system in the U.S. affects individuals' life-cycle health-care decisions. We take the viewpoint that health is a form of human capital that affects workers' productivities on the job, and derive implications of employees' turnover on the incentives to undertake health investment.

"Dynamic Inefficiencies in Employment-Based Health Insurance System Theory and Evidence," NBER Working PapersNational Bureau of Economic Research, Inc. Hanming Fang &. Dec 01,  · Dynamic Inefficiencies in an Employment-Based Health Insurance System: Theory and Evidence by Hanming Fang and Alessandro Gavazza.

Published in volumeissue 7, pages of American Economic Review, DecemberAbstract: We investigate the effects of the institutional settings of the US. relationships. We embed this link between health investment and employment sur-Dynamic Inefficiencies in an Employment-Based Health Insurance System: Theory and Evidence† By Hanming Fang and Alessandro Gavazza* We investigate the effects of the institutional settings of the US health care system on individuals’ life-cycle medical expenditures.

Get this from a library. Dynamic inefficiencies in employment-based health insurance system theory and evidence. [Hanming Fang; Alessandro Gavazza; National Bureau of Economic Research.] -- "We investigate how the employment-based health insurance system in the U.S.

affects individuals' life-cycle health-care decisions. We take the viewpoint that health is a form of human capital that. Dynamic Ine ciencies in an Employment-Based Health Insurance System: Theory and Evidence Hanming Fangy Alessandro Gavazzaz April 3, Abstract We investigate the e ects of the institutional settings of the U.S.

health care system on. Dynamic Ine ciencies in Employment-Based Health Insurance System: Theory and Evidence Hanming Fangx Alessandro Gavazza{April 30, Preliminary and incomplete. Comments are welcome.

We are grateful to Daron Acemoglu, Luis Cabral, Amy Finkelstein, Igal Hendel, Stephen Morris, Aloysius Siow and seminar participants at University of Connecticut. Title(s): Dynamic inefficiencies in employment-based health insurance system theory and evidence/ Hanming Fang, Alessandro Gavazza.

Country of Publication: United States Publisher: Cambridge, MA: National Bureau of Economic Research, c Example2: dynamic inefficiencies in employment-basedhealth insurance PaulSchrimpf References DeNavas-Walt,Carmen,BernadetteDProctor,andJessicaC Smith " Dynamic Inefficiencies in Insurance Markets: Evidence from long-term care insurance.

" NBER Working Paper, February Health Insurance Association of America. To study the role of home production in life-cycle behavior, this paper creates a theoretical model in which both spouses in a couple allocate their time between market and home work.

May 22,  · The success or failure of the current efforts by President Obama and Congress to reform the American health system can be gauged by the degree to which that goal has been accomplished a year from now. If success in this regard serves to shrink. Feb 01,  · This report builds on earlier work by Bhandari and Fronstin.

3,4 In particular, this work is an update of an earlier report by Bhandari, “Employment-Based Health Insurance: ” Fronstin details trends in coverage, take-up rates, and reasons for nonparticipation in employment-based health insurance between and The employer-based health care system has been effective in providing health care coverage for the majority of workers and their families.

While an uninsured population still exists, it is virtually impossible that any health care system, supported by the majority of Americans, could achieve universal coverage.

We conclude with scenarios for possible trajectories: employment-based insurance flourishes, continues to erode, or is replaced by a more comprehensive system.

TOPICS Private health insuranceCited by: This book covers the empirical techniques we will discuss. While the focus is on the H. Fang and A. Gavazza, “Dynamic Inefficiencies in Employment-Based Health Insurance System: Theory and Evidence,” American Economic Review, vol.

Dec.A: Employment-based health insurance has been a rapidly growing form of health insurance during the first decade of the 21st century: B: Employment-based health insurance is the largest single category of health insurance in the United States: C: Employment-based health insurance began as part of the Medicaid and Medicare programs in the s.

The importance of these developments—that is, the defeat of national health insurance, government decisions favorable to employer-based insurance, the success of the Blue Cross concept, and the switch of unions from opposition to support for employer-based insurance—led to further rapid growth of employment-based health benefits in the Cited by: 1.Dec 01,  · Over three-fourths ( percent) of the employed population in had health insurance through their own employer or another person’s employer.

1 Among the unemployed and those who were not in the labor force, percent and percent, respectively, were covered by employment-based health insurance — usually through a spouse or former employer.EC Labour Economics for PhD Students LSE Steve Pischke This is a course in Labour Economics.

H. Fang and A. Gavazza, “Dynamic Inefficiencies in Employment-Based Health Insurance System: Theory and Evidence,” mimeographed, Duke University, March