Gauging The Generosity Of Employer-Sponsored Insurance: Differences Between Households With And Without A Chronic Condition
The authors develop an empirical method to assess the generosity of employer-sponsored insurance across groups within the U.S. population. A key feature of this method is its simplicity - it only requires data on Out-Of-Pocket (OOP) health care spending and total health care spending and does not require detailed knowledge of health insurance benefit design. They apply their method to assess whether households with a chronically ill member have more or less generous insurance relative to households with no chronically ill members. They find that the chronically ill have less generous insurance coverage than the non-chronically ill.