DISABILITY SHOCKS NEAR RETIREMENT AGE AND FINANCIAL WELL-BEING.
Using Health and Retirement Study data, we examine three groups of adults aged 51-56 in 1992 with different disability experiences over 8 years. Our analysis reveals three major findings. First, people who started and stayed nondisabled experienced stable financial security, with improvement in hous...
| Publicado en: | Social Security Bulletin Vol. 73; no. 3; pp. 23 - 44 |
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| Autores principales: | , |
| Formato: | Artículo |
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Social Security Administration
2013
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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=90373236&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 90373236 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00377910 SSB jtl: Social Security Bulletin issn: 00377910 maglogo: N pubinfo: dt: 2013 vid: 73 iid: 3 pid: 1046 pub: Social Security Administration artinfo: ui: 90373236 ppf: 23 ppct: 21 formats: fmt: @attributes: type: P size: 501KB tig: atl: DISABILITY SHOCKS NEAR RETIREMENT AGE AND FINANCIAL WELL-BEING. aug: au: Dushi, Irena Rupp, Kalman affil: Economist, Office of Policy Evaluation and Modeling (OPEM), Office of Research, Evaluation, and Statistics (ORES), Office of Retirement and Disability Policy (ORDP), Social Security Administration (SSA) Senior economist, OPEM, ORES, ORDP, SSA su: Health of older people Labor supply Public health Financial security Health insurance reimbursement Insurance policies sug: subj: Health of older people Labor supply Public health Direct individual life, health and medical insurance carriers Temporary Help Services Health and Welfare Funds Financial security Health insurance reimbursement Insurance policies ab: Using Health and Retirement Study data, we examine three groups of adults aged 51-56 in 1992 with different disability experiences over 8 years. Our analysis reveals three major findings. First, people who started and stayed nondisabled experienced stable financial security, with improvement in household wealth despite labor force withdrawal. Second, the newly disabled-people who started as nondisabled but suffered a disability shock-experienced increased poverty rates and decreased median incomes. Average earnings loss was the greatest for them, with public and private benefits replacing less than half of the loss, whereas increased public health insurance coverage alleviated reduced private health insurance coverage. The newly disabled experienced improvement in household wealth, although at a lower rate compared with those who stayed nondisabled. Third, people who started and stayed disabled were behind at the baseline and have fallen further behind on most measures, except for improvement in health insurance coverage. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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