Health insurance and the boomerang generation: Did the 2010 ACA dependent care provision affect geographic mobility and living arrangements among young adults?

Public policies can have unintended effects on young adults' decisions about living arrangements and migration. The Affordable Care Act dependent care provision mandated that private health insurance plans that offer dependent coverage must allow young adults to stay on parents' insurance...

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Bibliographic Details
Published in:Contemporary economic policy 2022-04, Vol.40 (2), p.243-262
Main Authors: Chatterji, Pinka, Liu, Xiangshi, Yörük, Barış K.
Format: Article
Language:English
Subjects:
ACA
Affordable Care Act
dependent care
Dependents
Economic policy
Geographic mobility
Health care industry
Health insurance
Insurance coverage
Intergenerational mobility
Living arrangements
Migration
mobility
Parents & parenting
Patient Protection & Affordable Care Act 2010-US
Young adults
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Summary:Public policies can have unintended effects on young adults' decisions about living arrangements and migration. The Affordable Care Act dependent care provision mandated that private health insurance plans that offer dependent coverage must allow young adults to stay on parents' insurance until age 26. In this paper, we test whether the provision is associated with young adults' propensity to live with/near parents. Data come from the 2008 Survey of Income and Program Participation. Findings indicate that the provision is associated with increased likelihood that young adults live with a parent, and decreased likelihood that young adults live with other relatives/nonrelatives.
ISSN:1074-3529
1465-7287
DOI:10.1111/coep.12551