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The Health Insurance Coverage and Labor Market Impacts of the Affordable Care Act PDF
By:Edward Thomas Weizenegger
Published on 2018 by

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The Affordable Care Act (ACA) remains one of the most controversial pieces of legislation in a generation, and the full impacts of the law continue to be debated. Initial forecasts of how many individuals would gain health insurance coverage, as well as how the law's subsidies and regulations would impact the labor market, differ considerably from subsequent studies that have examined its effects. In this paper I use updated data from the American Community Survey (ACS) from 2012-2016 to analyze the impact of the ACA and its attendant expansion of Medicaid in 32 states and the District of Columbia. Specifically, I investigate the relationship between the law and health insurance coverage, labor force participation, and number of hours worked per week. I find that both the ACA and Medicaid expansions are significantly associated with substantial increases in health insurance coverage. As predicted by economic theory, I find that the ACA is associated with a decrease in labor force participation, but the Medicaid expansion separately is not. I also find that a significant and positive relationship between the ACA and the number of hours worked per week. Together, this paper supports the conclusion that the ACA has effectively increased the number of Americans with health insurance coverage, and provides important insight into its more complicated relationship with the labor force.

This Book was ranked at 11 by Google Books for keyword Health Insurance.

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