Health Care Management Papers

Document Type

Book Chapter

Date of this Version

2009

Publication Source

The National Bureau of Economic Research

Start Page

337

Last Page

379

DOI

10.7208/chicago/9780226132327.003.0012

Abstract

This chapter, which addresses three categories of explanation—the characteristics of individuals insured by the Disability Insurance (DI) program, the state of the economy, and the generosity of program benefits—argues that the growth in DI rolls is likely to continue and perhaps accelerate going forward. The data indicate that the recessions of 1991 and 2001 can explain 24 percent of the growth in DI receipt among men and 12 percent of the growth among women. Changes in health during the past two decades have slowed rather than added to the growth of the DI rolls. DI awards for certain conditions were much more affected by the liberalized medical eligibility criteria than others. The aging of the Baby Boom population will result in significant increases in DI receipt during the next fifteen years. The incentive to apply for DI will increase with the rising value of health insurance through Medicare.

Keywords

economy, Disability Insurance, program benefits, recessions, health, medical eligibility, baby boom, health insurance

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Date Posted: 27 November 2017