New Findings from University of Melbourne in Insurance Provides New Insights (Effects of Dependent Health Insurance Coverage Mandates On Fathers’ Job Mobility and Compensation): Insurance

2023 MAR 03 (NewsRx) -- By a News Reporter-Staff News Editor at Health Policy and Law Daily -- Data detailed on Insurance have been presented. According to news reporting out of Parkville, Australia, by NewsRx editors, the research stated, “In the United States, young adults have low rates of health insurance coverage. In response, some state governments and the federal government began mandating health insurance companies to allow adult children to stay on their parent’s insurance plans.”

Our news journalists obtained a quote from the research from the University of Melbourne, “These policies increased insurance rates among young adults but may have unintended consequences on the labor market outcomes of their parents. To assess the existence and extent of such potential consequences, I study the effects of the Affordable Care Act (ACA) federal mandate and state mandates on fathers’ voluntary job separation rates (job-lock and job-push) and their compensation. More specifically, given the preexisting impacts of the state mandates on young adults, I examine both the independent effects of the state mandates and the differential effects of the federal mandate by state mandate eligibility. By using the Survey of Income and Program Participation data, I observe that the ACA’s effect was concentrated among those fathers whose children had not been eligible for state mandates, showing a decrease of 0.8 percentage points in the likelihood of voluntary job separation. When I examine the state mandate independently, however, I find a slightly smaller estimate size without statistical significance, implying that the state mandates may not extensively impact fathers’ job mobility.”

According to the news editors, the research concluded: “Despite its statistical insignificance, this may still provide evidence of a tangential effect of the state mandates given that they diluted the effect of the ACA.”

This research has been peer-reviewed.

For more information on this research see: Effects of Dependent Health Insurance Coverage Mandates On Fathers’ Job Mobility and Compensation. American Journal of Health Economics, 2023;9(1):47-70. American Journal of Health Economics can be contacted at: Univ Chicago Press, 1427 E 60TH St, Chicago, IL 60637-2954, USA.

Our news journalists report that additional information may be obtained by contacting Dajung Jun, University of Melbourne, Parkville, Australia.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1086/721708. 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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