EMPLOYER-PROVIDED HEALTH INSURANCE AND JOB MOBILITY: DID THE AFFORDABLE CARE ACT REDUCE JOB LOCK?

EMPLOYER-PROVIDED HEALTH INSURANCE AND JOB MOBILITY: DID THE AFFORDABLE CARE ACT REDUCE JOB LOCK?

Many have argued that concerns over health insurance reduce labor market mobility in the United States, causing a “job lock” effect. We take advantage of the novel natural experiment created by the Affordable Care Act's dependent coverage mandate to estimate the magnitude of the job lock effect...

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Bibliographic Details
Published in:Contemporary economic policy Vol. 34; no. 1; pp. 173 - 183
Main Authors: Bailey, James, Chorniy, Anna
Format: Journal Article
Language:English
Published: Boston, USA Wiley Periodicals, Inc 01-01-2016
Blackwell Publishers Ltd
Western Economic Association
Subjects:
Employers
Health care industry
Health insurance
Labor market
Labour market
Occupational mobility
Patient Protection & Affordable Care Act 2010-US
Research design
Social science research
Studies
United States
Young adults
Youth
United States
United States > US
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Summary:Many have argued that concerns over health insurance reduce labor market mobility in the United States, causing a “job lock” effect. We take advantage of the novel natural experiment created by the Affordable Care Act's dependent coverage mandate to estimate the magnitude of the job lock effect for young adults. Using the 2008–2013 Current Population Survey and a difference‐in‐difference research design, we find that the expansion of dependent coverage did not increase job mobility, suggesting that job lock is not a major concern for young adults. (JEL J62, I13, I18)
Bibliography:ark:/67375/WNG-XMRF1NWL-R
ArticleID:COEP12119
istex:CCFE2A2716767688E0E1EA4F9D50E0BDBA377668
ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 23
ISSN:1074-3529
1465-7287
DOI:10.1111/coep.12119