V8_ACApaper.pdf [article]

2020
The 2010 Affordable Care Act expanded health insurance coverage to dependents up to age 26, allowing some parents to add adult children to their employersponsored plans. I leverage this policy to understand the role adult children play in their parents' labor supply, and consider a potential spillover of the dependent mandate policy to parents: did parents delay retirement to take advantage of the policy? I find that among parents aged 55-66, affected parents' retirement rate fell by 3.8
more » ... age points after policy enactment, causing them to delay retirement by 0.74 years on average. An estimated 290,000 parents delayed retirement in order to obtain coverage for their children.
doi:10.7916/d8-pw3r-0q05 fatcat:3ccgffwgrjhsdezd4s6vf4xlke