publication . Book . Preprint . Article . Report . 2005

Wage and Benefit Changes in Response to Rising Health Insurance

Dana Goldman; Neeraj Sood; Arleen Leibowitz;
Open Access
  • Published: 01 Jan 2005
  • Publisher: RAND Corporation
<jats:p>Many companies have defined-contribution benefit plans requiring employees to pay the full cost (before taxes) of more generous health insurance choices. Research has shown that employee decisions are quite responsive to these arrangements. What is less clear is how the total compensation package changes when health insurance premiums rise. This paper examines employee compensation decisions during a three-year period when health insurance premiums were rising rapidly. The data come from a single large firm with a flexible benefits plan wherein employees explicitly choose how to allocate compensation between cash wages and other benefits. Under such an a...
free text keywords: jel:J33, Health Policy, Economics, Econometrics and Finance (miscellaneous), Actuarial science, Income protection insurance, Group insurance, Public economics, Insurance policy, Labor burden, Labour economics, Self-insurance, General insurance, Economics, Casualty insurance, Bond insurance

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