Labor market responses to rising health insurance costs: evidence on hours worked
Article Abstract:
High health costs affect labor markets in terms of the number of hours worked. Statistics culled from the Current Population Survey (CPS) and the Survey of Income and Program Participation (SIPP) show that increasing costs of health insurance from 1979 to 1992 resulted to a 3% increase in the number of hours worked by those covered by health insurance. The rise is attributed to health insurance being a fixed cost. Also, as health insurance is becoming more costly to confer, companies are motivated to fill in hours for each worker relative to the number of employees.
Publication Name: RAND Journal of Economics
Subject: Economics
ISSN: 0741-6261
Year: 1998
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Possible reforms for financing long-term care
Article Abstract:
Several alternatives to the Medicaid program for financing long-term care has been tried as budgetary limitations for nursing home care becomes restrictive. Private long-term care insurance involve adverse selection by insurers and prohibitive premiums. Prospective social insurance programs modeled after the Medicare program requires a certain degree of uniformity for beneficiaries which is not realistic.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1992
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Contract form and procurement costs: the impact of compulsory multiple contractor laws in construction
Article Abstract:
A study of the effect of New York state's multiple contractor law on the construction costs of public buildings in New York city reveals an increase of 6% to 10% in public construction costs. Furthermore, the same law contributes to construction delays by over 12 months. No significant differences in the quality of the project was observed.
Publication Name: RAND Journal of Economics
Subject: Economics
ISSN: 0741-6261
Year: 1997
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