Workers' compensation insurance, which provides no-fault coverage for work-related injuries, is mandatory in nearly all states. We use administrative data from a unique market without a coverage mandate to estimate the demand for workers' compensation insurance, leveraging regulatory premium updates for identification. We find that a 1 percent increase in premiums leads to approximately a 0.3 percent decline in coverage. Drawing upon these estimates and data on costs, we examine potential justifications for government intervention to increase coverage. This analysis suggests that several forms of market failure-such as adverse selection, market power, and externalities-may not justify a mandate in this setting.
Download full-text PDF |
Source |
|---|---|
| http://www.ncbi.nlm.nih.gov/pmc/articles/PMC10881117 | PMC |
| http://dx.doi.org/10.1257/aer.20190261 | DOI Listing |
Publication Analysis
Top Keywords
Similar Publications
Hearing Loss Is Associated With Increased Mortality in a Cohort of Older Construction Trades Workers.
Am J Ind Med
December 2024
Zenith American Solutions, Oak Ridge, Tennessee, USA.
Article Synopsis
- Hearing loss is linked to higher mortality rates, especially among workers in high-risk jobs, but using hearing aids can reduce this risk significantly.
- A study of over 19,000 DOE workers found that 41.3% had hearing loss, with 15.3% using hearing aids, leading to 5,398 deaths during an 11.1-year follow-up.
- Results showed that severe hearing loss increases mortality risk, while hearing aid users had a 30% lower risk of death, suggesting improvements in workers' compensation and medical benefits for noise-exposed workers are needed.
Asthma Among Manitoba Workers: Results from the Manitoba Occupational Disease Surveillance System.
Saf Health Work
December 2024
Department of Internal Medicine, Faculty of Medicine, University of Manitoba, Winnipeg, MB, Canada.
Background: This study characterized the risk of new-onset asthma among workers in Manitoba, Canada.
Methods: Accepted time loss claims from the Workers' Compensation Board of Manitoba from 2006 to 2019, containing workers' occupations and industries, were linked with administrative health data from 1996 to 2020. After restricting the cohort to the first claim per person in an occupation and applying age and coverage exclusions, the cohort comprised 142,588 person-occupation combinations.
Heat-Related Illness in California Firefighters, 2001-2020.
Am J Ind Med
December 2024
Division of Occupational, Environmental, and Climate Medicine, University of California San Francisco, San Francisco, California, USA.
Background: Firefighters have a higher rate of heat-related illness (HRI) compared to other occupations. Given the changing climate, firefighters' risk of occupational HRI merits attention. Therefore, we aimed to identify demographic, temporal, and geographic risk factors associated with occupational HRI in California firefighters between 2001 and 2020.
View Article and Find Full Text PDFEvaluating the Effectiveness of an Occupational Health and Safety Management System Certification Program on Firm Work Injury Rates in Alberta, Canada.
Am J Ind Med
December 2024
Partnership for Work, Health and Safety, School of Population and Public Health, University of British Columbia, Vancouver, British Columbia, Canada.
Background: Occupational health and safety management systems (OHSMS) certification programs have the potential to improve workplace health and safety. In Canada, the Certificate of Recognition (COR) program is an example of such program and has been introduced in many industries and provinces. This study's objective was to identify whether the implementation of the COR program led to greater reduction in firm work-related injuries in Alberta, Canada.
View Article and Find Full Text PDFWant AI Summaries of new PubMed Abstracts delivered to your In-box?
Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!