Health Insurance Costs and Employee Compensation: Evidence from the National Compensation Survey

被引:9
|
作者
Anand, Priyanka [1 ]
机构
[1] Mathemat Policy Res, 1100 First St NE,12th Floor, Washington, DC 20002 USA
关键词
compensation; health insurance; nonwage labor costs; fringe benefits; BENEFITS; CARE; LABOR;
D O I
10.1002/hec.3452
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the relationship between rising health insurance costs and employee compensation. I estimate the extent to which total compensation decreases with a rise in health insurance costs and decompose these changes in compensation into adjustments in wages, non-health fringe benefits, and employee contributions to health insurance premiums. I examine this relationship using the National Compensation Survey, a panel dataset on compensation and health insurance for a sample of establishments across the USA. I find that total hourly compensation reduces by $0.52 for each dollar increase in health insurance costs. This reduction in total compensation is primarily in the form of higher employee premium contributions, and there is no evidence of a change in wages and non-health fringe benefits. These findings show that workers are absorbing at least part of the increase in health insurance costs through lower compensation and highlight the importance of examining total compensation, and not just wages, when examining the relationship between health insurance costs and employee compensation. Copyright (c) 2016 John Wiley & Sons, Ltd.
引用
收藏
页码:1601 / 1616
页数:16
相关论文
共 50 条
  • [1] New statistics for health insurance from the National Compensation Survey
    Lettau, M
    [J]. MONTHLY LABOR REVIEW, 2004, 127 (08) : 46 - 50
  • [2] Removing workers' compensation costs from the National Compensation Survey
    Gittleman, Maury B.
    Lettau, Michael K.
    Phipps, Gregory
    [J]. MONTHLY LABOR REVIEW, 2023, : 1 - 28
  • [3] Compensation inequality: evidence from the National Compensation Survey
    Monaco, Kristen
    Pierce, Brooks
    [J]. MONTHLY LABOR REVIEW, 2015,
  • [4] Trends in employment-based health insurance coverage: evidence from the National Compensation Survey
    Dworak-Fisher, Keenan
    Gittleman, Maury B.
    Moehrle, Thomas G.
    [J]. MONTHLY LABOR REVIEW, 2014,
  • [5] Employer-Based Health Insurance and Employee Compensation
    Schulman, Kevin
    Narayan, Aditya
    [J]. JAMA HEALTH FORUM, 2023, 4 (03):
  • [6] USE OF INSURANCE IN EMPLOYEE COMPENSATION
    HOFFMAN, WH
    [J]. JOURNAL OF ACCOUNTANCY, 1961, 111 (05): : 55 - 62
  • [7] Medical costs in workers' compensation insurance
    Baker, LC
    Krueger, AB
    [J]. JOURNAL OF HEALTH ECONOMICS, 1995, 14 (05) : 531 - 549
  • [8] Compensation and crash incidence: Evidence from the National Survey of Driver Wages
    Ryley, Walter T.
    Belzer, Michael H.
    [J]. ECONOMIC AND LABOUR RELATIONS REVIEW, 2023, 34 (01): : 118 - 139
  • [9] Trends in Employee Wage and Health Insurance Compensation for Employer-Sponsored Health Insurance (ESI) Coverage
    Blewett, Lynn A.
    Graven, Peter
    Ziegenfuss, Jeanette
    Davern, Michael
    [J]. JOURNAL OF LABOR RESEARCH, 2009, 30 (04) : 296 - 316
  • [10] Trends in Employee Wage and Health Insurance Compensation for Employer-Sponsored Health Insurance (ESI) Coverage
    Lynn A. Blewett
    Peter Graven
    Jeanette Ziegenfuss
    Michael Davern
    [J]. Journal of Labor Research, 2009, 30 : 296 - 316