College of Nursing & Health Professions Amarah Malik College of Nursing & Health Professions Bennett S. LeBow College of Business Health Services Administration, Finance
The Impact of the Affordable Care Act on the Incidence of Retirement among Near-elderly Adults Individuals seeking early retirement face a number of planning challenges, the most significant of which is locating and financing an affordable health insurance plan on the individual insurance market. Following the passage of the Affordable Care Act (ACA) in 2010, community and age rating policies were introduced, which ensured the increased availability and affordability of health insurance plans sold on the individual market. To date, studies have broadly examined the impact of the ACA on the acquisition of health insurance across the general population, but few studies have examined the potential impact of the increased availability of affordable insurance under the ACA on early retirement decisions. We utilized the Medical Expenditure Panel Survey (MEPS) from 2008 to 2014 and logistic regression to examine the impact of the ACA on the incidence of early retirement in the U.S. population. The analysis revealed that although healthcare cost declined significantly following the passage of the ACA, the probability of early retirement declined within the general population. This evidence suggests that non-healthcare factors potentially play a larger role in determining the timing of retirement decisions.
Faculty Mentor: Dr. Jerome Dugan Health Systems and Sciences Research Dr. Layla Booshehri, Co-Mentor
Poster Session B
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