%0 Report
        %A Kim, Seonghoon
%A Koh, Kanghyock
        %T The Effects of the Affordable Care Act Dependent Coverage Mandate on Parents' Labor Market Outcomes
        %D 2021
        %8 2021 Feb
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 14089
        %U https://www.iza.org/index.php/publications/dp14089
        %X We examine the labor market impacts of the Affordable Care Act dependent mandate (ACA-DM), which has significantly increased dependent children's health insurance coverage through parents' employer-sponsored health benefits. Using data from the American Community Survey, we find that the ACA-DM reduced parents' annual wages by about $2,600. However, the probability of employment and working hours only decreased marginally. The back-of-the-envelope calculation indicates that the magnitude of the estimated wage impact is similar to the increased insurance premium of a family plan due to the ACA-DM. These findings imply that a deadweight loss associated with the expansion of dependent health coverage is likely to be small as an increase in employers' labor costs is offset by a reduction in parents' wages without significant reductions in labor inputs.
        %K The Affordable Care Act dependent mandate
%K dependent health insurance coverage
%K parents’ labor market outcomes
%K deadweight loss