NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Employer Provided Health Insurance and Retirement Behavior

Alan L. Gustman, Thomas L. Steinmeier

NBER Working Paper No. 4307
Issued in March 1993
NBER Program(s):   LS   AG

This paper analyzes the effects on retirement of employer provided health benefits to workers and retirees. Retiree health benefits delay retirement until age of eligibility, and then accelerate it. With a base case of no retiree health coverage, granting retiree health coverage to all those with employer coverage while working accelerates retirement age by less than one month. Valuing benefits at costs of private health insurance to unaffiliated individuals, rather than at group rates, increases the effect. Ignoring retiree health benefits in retirement models creates only a small bias. Changing health insurance policies has a small effect on retirement.

download in pdf format
   (476 K)

download in djvu format
   (281 K)

email paper

The NBER Bulletin on Aging and Health provides summaries of publications like this.  You can sign up to receive the NBER Bulletin on Aging and Health by email.

This paper is available as PDF (476 K) or DjVu (281 K) (Download viewer) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w4307

Published: Industrial and Labor Relations Review, vol 48, no 1, pp 124-140 (1994)

Users who downloaded this paper also downloaded these:
Gruber and Madrian w4469 Health Insurance Availability and the Retirement Decision
Gruber and Krueger w3557 The Incidence of Mandated Employer-Provided Insurance: Lessons from Workers' Compensation Insurance
Gruber w6762 Health Insurance and the Labor Market
Gruber and Madrian Health Insurance and Early Retirement: Evidence from the Availability of Continuation Coverage
Lumsdaine, Stock, and Wise Retirement Incentives: The Interaction between Employer-Provided Pensions, Social Security, and Retiree Health Benefits
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us