Effects of Federal Policy to Insure Young Adults: Evidence from the 2010 Affordable Care Act's Dependent-Coverage Mandate
Author(s) -
Yaa Akosa Antwi,
Asako S. Moriya,
Kosali Simon
Publication year - 2013
Publication title -
american economic journal economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 7.868
H-Index - 62
eISSN - 1945-7731
pISSN - 1945-774X
DOI - 10.1257/pol.5.4.1
Subject(s) - mandate , health insurance , patient protection and affordable care act , flexibility (engineering) , survey of income and program participation , demographic economics , work (physics) , business , health care , labour economics , economics , political science , law , economic growth , mechanical engineering , management , engineering
Using data from the Survey of Income and Program Participation (SIPP), we study the health insurance and labor market implications of the recent Affordable Care Act (ACA) provision that allows dependents to remain on parental policies until age 26. Our comparison of outcomes for young adults aged 19-25 with those who are older and younger, before and after the law, shows a high take-up of parental coverage, resulting in substantial reductions in uninsurance and other forms of coverage. We also find preliminary evidence of increased labor market flexibility in the form of reduced work hours
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