Health insurance and subjective well-being: Evidence from two healthcare reforms in the United States.
Health Econ
; 31(1): 233-249, 2022 01.
Article
en En
| MEDLINE
| ID: mdl-34727396
ABSTRACT
We study the role of access to health insurance coverage as a determinant of individuals' subjective well-being (SWB) by analyzing large-scale healthcare reforms in the United States. Using data from the Behavioral Risk Factor Surveillance System and Panel Study of Income Dynamics, we find that the 2006 Massachusetts reform and 2014 Affordable Care Act Medicaid expansion improved the overall life satisfaction of Massachusetts residents and low-income adults in Medicaid expansion states, respectively. The results are robust to various sensitivity and falsification tests. Our findings imply that access to health insurance plays an important role in improving SWB. Without considering psychological benefits, the actual benefits of health insurance may be underemphasized.
Palabras clave
Texto completo:
1
Banco de datos:
MEDLINE
Asunto principal:
Reforma de la Atención de Salud
/
Patient Protection and Affordable Care Act
Tipo de estudio:
Risk_factors_studies
Límite:
Adult
/
Humans
País como asunto:
America do norte
Idioma:
En
Año:
2022
Tipo del documento:
Article