Studies from Arkansas Technical University Yield New Data on Healthcare Economics (State Minimum Wages and Health Insurance Coverage In the United States: 2008-2018): Economics – Healthcare Economics

Health Policy and Law Daily

2021 OCT 05 (NewsRx) -- By a News Reporter-Staff News Editor at Health Policy and Law Daily -- Investigators discuss new findings in Economics - Healthcare Economics. According to news reporting originating in Russellville, Arkansas, by NewsRx editors, the research stated, “This study examines the effect of minimum wage hikes on the shares of uninsured people during the period 2008-2018.”

The news reporters obtained a quote from the research from Arkansas Technical University, “Despite some concern that higher minimum wages would lead to higher uninsured rates by (1) reducing employment, (2) inducing employers to stop offering health insurance to their employees, and (3) making minimum wage workers ineligible for Medicaid by increasing their earnings, the findings indicate that the uninsured rate tends to decrease with higher minimum wages, suggesting that minimum wage hikes might encourage minimum-wage workers to obtain health insurance. The effects appear to come from minimum wage hikes that occurred after the Affordable Care Act (ACA) took effect in 2014, suggesting that higher minimum wages combined with federal subsidies for the ACA marketplace and the individual mandate might have contributed to a reduction in the uninsured rate.”

According to the news reporters, the research concluded: “However, Medicaid expansions seem to mitigate the effect of the minimum wage on the uninsured rate among low-income households.”

This research has been peer-reviewed.

For more information on this research see: State Minimum Wages and Health Insurance Coverage In the United States: 2008-2018. International Journal of Health Economics and Management, 2021. International Journal of Health Economics and Management can be contacted at: Springer, One New York Plaza, Suite 4600, New York, Ny, United States.

Our news correspondents report that additional information may be obtained by contacting Masanori Kuroki, Arkansas Technical University, College of Business, Russellville, AR 72801, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1007/s10754-021-09313-6. 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.