Recent Studies from Korea University Add New Data to Investment (The Effects of the Affordable Care Act Dependent Coverage Mandate On Parents’ Labor Market Outcomes): Investment

2022 JUL 07 (NewsRx) -- By a News Reporter-Staff News Editor at Health Policy and Law Daily -- Fresh data on Investment are presented in a new report. According to news reporting originating from Seoul, South Korea, by NewsRx correspondents, research stated, “We examine the labor market impacts of the Affordable Care Act dependent mandate (ACA-DM), which has significantly increased dependent children’s health insurance coverage through parents’ employer-sponsored health benefits. Using data from the American Community Survey, we find that the ACA-DM reduced parents’ annual wages by about $2,600.”

Financial supporters for this research include Ministry of Education of the Republic of Korea, National Research Foundation of Korea.

Our news editors obtained a quote from the research from Korea University, “However, the probability of employment and working hours only decreased marginally. The back-of-the-envelope calculation indicates that the magnitude of the estimated wage impact is similar to the increased insurance premium of a family plan due to the ACA-DM.”

According to the news editors, the research concluded: “These findings imply that a deadweight loss associated with the expansion of dependent health coverage is likely to be small as an increase in employers’ labor costs is offset by a reduction in parents’ wages without significant reductions in labor inputs.”

This research has been peer-reviewed.

For more information on this research see: The Effects of the Affordable Care Act Dependent Coverage Mandate On Parents’ Labor Market Outcomes. Labour Economics, 2022;75. Labour Economics can be contacted at: Elsevier, Radarweg 29, 1043 Nx Amsterdam, Netherlands.

The news editors report that additional information may be obtained by contacting Kanghyock Koh, Korea University, Dept. of Economics, Seoul, South Korea.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.labeco.2022.102128. 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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