The Impact of Medicare Part D on Self-Employment.
We explore the relationship between access to affordable health insurance and self-employment using exogenous variation from the introduction of Medicare Part D that reduced the out-of-pocket cost of prescription drugs and improved health outcomes in a difference-in-differences model using the American Community Survey. We find that our treatment group of individuals aged 65-69 were 0.5 percentage points (or 5%) more likely to be self-employed in relation to a control group aged 60-64.
1 Department of Public Policy, University of North Carolina, Chapel Hill, NC, USA.
Jeremy G
JG
Moulton
2 School of Public and International Affairs, North Carolina State University, Raleigh, NC, USA.
Jeffrey C
JC
Diebold
1 Department of Public Policy, University of North Carolina, Chapel Hill, NC, USA.
John C
JC
Scott
D000368:Aged; D000375:Aging; D004651:Employment / Q000706:statistics & numerical data*; D016520:Entrepreneurship; D005260:Female; D006801:Humans; D008297:Male; D054524:Medicare Part D / Q000706:statistics & numerical data*; D008875:Middle Aged; D014481:United States
Medicare; Part D; entrepreneurship; health insurance; self-employment