NUDGING LIFE INSURANCE HOLDINGS IN THE WORKPLACE.
Using data from a university, we analyze a policy designed to increase employer-sponsored life insurance. The university increased basic life insurance holdings, which nudged employees with supplemental coverage to have more life insurance. In large part due to inertia, the nudge increased life insu...
| Publicado en: | Economic Inquiry Vol. 55; no. 2; pp. 951 - 982 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Apr2017
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=121659230&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 121659230 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Apr2017 vid: 55 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 121659230 10.1111/ecin.12390 ppf: 951 ppct: 31 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.5MB tig: atl: NUDGING LIFE INSURANCE HOLDINGS IN THE WORKPLACE. aug: au: Harris, Timothy F. Yelowitz, Aaron affil: Ph.D. Candidate, Department of Economics, University of Kentucky, Lexington KY 40506 Associate Professor, Department of Economics, University of Kentucky, Lexington KY 40506 su: Employee benefits Economics Life insurance policies Economic research Life insurance sug: subj: Employee benefits Economics Research and Development in the Social Sciences and Humanities Health and Welfare Funds Other Insurance Funds Direct Life Insurance Carriers Direct group life, health and medical insurance carriers Direct individual life, health and medical insurance carriers Life insurance policies Economic research Life insurance ab: Using data from a university, we analyze a policy designed to increase employer-sponsored life insurance. The university increased basic life insurance holdings, which nudged employees with supplemental coverage to have more life insurance. In large part due to inertia, the nudge increased life insurance holdings one-for-one for those who could have undone it. Additionally, we find that expanding coverage options significantly increased total life insurance holdings for new hires who were not subject to inertia. These policy changes reduced uninsured vulnerabilities for two-thirds of employees. Our findings have important policy implications for addressing widespread disparities in life insurance coverage. ( JEL D31, G22, D03, J32, J33, J38, H20) pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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