How much does health insurance cost? Comparison of premiums in administrative and survey data
Using newly available administrative data from the IRS, this paper studies the distribution of employer-sponsored health insurance premiums. Previous estimates, in contrast, were almost exclusively from household surveys. After correcting for coverage limitations of IRS data, we find average premium...
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| Veröffentlicht in: | Economics letters 2019-01, Vol.174, p.132-135 |
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| container_title | Economics letters |
| container_volume | 174 |
| creator | Larrimore, Jeff Splinter, David |
| description | Using newly available administrative data from the IRS, this paper studies the distribution of employer-sponsored health insurance premiums. Previous estimates, in contrast, were almost exclusively from household surveys. After correcting for coverage limitations of IRS data, we find average premiums for employer-sponsored plans are roughly $1,000 higher in IRS records than in the Current Population Survey. The downward bias in the CPS results from underestimating premiums of married workers and topcoding of high premiums.
•Using IRS data, we estimate the employer-sponsored health insurance costs.•Average premiums are roughly $1,000 higher in IRS records than in survey data.•For middle-income workers, this represents approximately 2% of total compensation. |
| doi_str_mv | 10.1016/j.econlet.2018.11.001 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0165-1765 |
| ispartof | Economics letters, 2019-01, Vol.174, p.132-135 |
| issn | 0165-1765 1873-7374 |
| language | eng |
| recordid | cdi_proquest_journals_2190436666 |
| source | Elsevier ScienceDirect Journals |
| subjects | Bias Data analysis Distribution Health insurance Health insurance premiums Insurance premiums IRS data Nonwage benefits distribution Polls & surveys Premiums Workers |
| title | How much does health insurance cost? Comparison of premiums in administrative and survey data |
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