| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17703 |
| 来源ID | Working Paper 17703 |
| Does Retiree Health Insurance Encourage Early Retirement? | |
| Steven Nyce; Sylvester Schieber; John B. Shoven; Sita Slavov; David A. Wise | |
| 发表日期 | 2011-12-29 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | The strong link between health insurance and employment in the United States may cause workers to delay retirement until they become eligible for Medicare at age 65. However, some employers extend health insurance benefits to their retirees, and individuals who are eligible for such retiree health benefits need not wait until age 65 to retire with group health coverage. We investigate the impact of retiree health insurance on early retirement using employee-level data from 64 diverse firms that are clients of Towers Watson, a leading benefits consulting firm. We find that retiree health coverage has its strongest effects at ages 62 and 63, resulting in a 3.7 percentage point (21.2 percent) increase in the probability of turnover at age 62 and a 5.1 percentage point (32.2 percent) increase in the probability of turnover at age 63; it has a more modest effects for individuals under the age of 62. A more generous employer contribution of 50 percent or more raises turnover by 1-3 percentage points at ages 56-61, by 5.9 percentage points (33.7 percent) at age 62, and by 6.9 percentage points (43.7 percent) at age 63. Overall, an employer contribution of 50 percent or more reduces the total number of person-years worked between ages 56 and 64 by 9.6 percent relative to no coverage. |
| 主题 | Health, Education, and Welfare ; Health ; Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w17703 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575378 |
| 推荐引用方式 GB/T 7714 | Steven Nyce,Sylvester Schieber,John B. Shoven,et al. Does Retiree Health Insurance Encourage Early Retirement?. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17703.pdf（211KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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