Effects of health insurance coverage on household financial portfolio: Evidence from the Affordable Care Act

被引:4
|
作者
Lee, Daeyong [1 ]
机构
[1] Iowa State Univ, Human Dev & Family Studies, 2222 Osborn Dr, Ames, IA 50011 USA
关键词
Health insurance; Financial portfolio; Health-related risk; Investment risk; Dependent coverage mandate; Affordable Care Act; MEDICAL EXPENDITURE RISK; YOUNG-ADULTS; CHOICE; PROVISION; AVERSION; MANDATE; IMPACT;
D O I
10.1016/j.econlet.2018.07.027
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article examines the effects of the health insurance coverage mandate for dependents on household financial portfolio decisions by focusing on the Affordable Care Act of 2010. Using the Survey of Income and Program Participation data, the author finds that the dependent coverage mandate significantly increased (decreased) the share of stocks (bonds and other interest-accruing assets) by 2.5 (1.3 and 1.1) percentage points for households having both parental employer-sponsored health insurance and dependent children aged 19 to 25 years. (C) 2018 Elsevier B.V. All rights reserved.
引用
收藏
页码:176 / 179
页数:4
相关论文
共 50 条