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Full-Text Articles in Social and Behavioral Sciences
Life-Care Awards In The Age Of The Affordable Care Act, Joshua Congdon-Hohman, Victor Matheson
Life-Care Awards In The Age Of The Affordable Care Act, Joshua Congdon-Hohman, Victor Matheson
Economics Department Working Papers
Prior to January 1, 2014, it would have been reasonable to assume that persons injured in an act of negligence would be forced to pay for their future medical care costs out-of-pocket rather than being able to rely on health insurance. The passage of the Affordable Care Act (ACA) has the potential to radically change how victims pay for future medical expenses, and now nearly every tort award that provides money to the plaintiff for the full payment of medical costs without consideration of the availability of health insurance will serve to overcompensate victims for their expected medical costs. New …
Retirement Reversals And Health Insurance: The Potential Impact Of The Affordable Care Act, Joshua Congdon-Hohman
Retirement Reversals And Health Insurance: The Potential Impact Of The Affordable Care Act, Joshua Congdon-Hohman
Economics Department Working Papers
This paper uses the longitudinal aspect of the Health and Retirement Study to explore the characteristics associated with reversals in retirement (referred to here as "unretirement"). Through the use of survival time analysis, this paper shows that health insurance status and its source are signi cant predictors of unretirement decisions. The relationship is important as the potential impacts of the Affordable Care Act are considered. By comparing the role of health insurance provision to the impact of financial "shocks", the analysis finds that insurance is equally important as other financial explanations for retirement reversals. The analysis also shows that health …