Investigators at University of Cambridge Describe Findings in Insurance (The Effect of Disability Insurance Receipt On Mortality): Insurance

2024 JAN 31 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators discuss new findings in Insurance. According to news originating from Cambridge, United Kingdom, by NewsRx correspondents, research stated, “This paper estimates the effect of Disability Insurance and Supplemental Security Income receipt on mortality for individuals on the margin of being allowed versus denied benefits.”

Financial supporters for this research include Queen’s University Belfast, Social Security Administration through the Michigan Retirement Research Center (MRRC), Economic and Social Research Council (Centre for Microeconomic Analysis of Public Policy at the Institute for Fiscal Studies).

Our news journalists obtained a quote from the research from the University of Cambridge, “Exploiting the random assignment of administrative law judges to disability insurance cases, we find that benefit allowance increases 10-year mortality rates by 2.8 percentage points for marginal beneficiaries. However, using a Marginal Treatment Effects approach, we find evidence that benefit receipt reduces mortality for inframarginal beneficiaries, who are typically less healthy than marginal beneficiaries.”

According to the news editors, the research concluded: “Furthermore, we find suggestive evidence that allowance reduces mortality among those with expensive health conditions such as cancer.”

This research has been peer-reviewed.

For more information on this research see: The Effect of Disability Insurance Receipt On Mortality. Journal of Public Economics, 2024;229. Journal of Public Economics can be contacted at: Elsevier Science Sa, PO Box 564, 1001 Lausanne, Switzerland. (Elsevier - www.elsevier.com; Journal of Public Economics - http://www.journals.elsevier.com/journal-of-public-economics/)

The news correspondents report that additional information may be obtained from Eric French, University of Cambridge, Cambridge, United Kingdom. Additional authors for this research include Bernard Black, Jeremy McCauley and Jae Song.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.jpubeco.2023.105033. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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