The Affordable Care Act as Retiree Health Insurance: Implications for Retirement and Social Security Claiming

Published: 2016
Project ID: UM16-02


Using four HRS cohorts, we will apply descriptive and multivariate techniques to document the relationships among retirement, Social Security benefit claiming, retiree health insurance and relevant covariates. All will be placed into historical context. Once the background is established for all HRS cohorts, we will turn our focus to three waves from the HRS Mid Boomer cohort, 2010, 2012, and 2014. These three waves will provide the basis for isolating the population affected by the Affordable Care Act (ACA) among the near retirement population. Following the descriptive analysis, we will use a structural retirement model of retirement to analyze the likely effects of changes fostered by ACA, holding constant retiree health benefits and DB pension incentives that continue to be relevant for a minority of the population. The model will be used to simulate the effects of the increased availability of health insurance through ACA.