| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26976 |
| 来源ID | Working Paper 26976 |
| The Impact of Benefit Generosity on Workers\u2019 Compensation Claims: Evidence and Implications | |
| Marika Cabral; Marcus Dillender | |
| 发表日期 | 2020-04-13 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Optimal insurance benefit design requires understanding how coverage generosity impacts individual behavior, insured costs, and welfare. Using unique administrative data, we leverage a sharp increase in the maximum weekly wage replacement benefit in a difference-in-differences research design to identify the impact of workers’ compensation wage replacement benefit generosity on individual behavior and program costs. We find that increasing the generosity of wage replacement benefits does not impact the number of claims but has a large impact on claimant behavior, leading to longer income benefit durations and increased medical spending. Our estimates indicate that behavioral responses to increased benefit generosity raised insured costs 1.4 times as much as the mechanical effect of the benefit increase. Drawing on these estimates along with an estimate of the consumption drop experienced by injured workers, we calibrate a model that suggests that increasing benefit generosity would not improve welfare. |
| 主题 | Public Economics ; Health, Education, and Welfare ; Health ; Labor Economics |
| URL | https://www.nber.org/papers/w26976 |
| 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/584648 |
| 推荐引用方式 GB/T 7714 | Marika Cabral,Marcus Dillender. The Impact of Benefit Generosity on Workers\u2019 Compensation Claims: Evidence and Implications. 2020. |
| 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 | ||
| w26976.pdf（1211KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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