| Publications [#348051] of Frank A. Sloan
Journal Articles
- Ayyagari, P; Sloan, FA, The Impact of Income-Related Medicare Part B Premiums on Labor Supply,
ILR Review, vol. 74 no. 2
(March, 2021),
pp. 419-442 [doi]
(last updated on 2025/05/31)
Abstract: The 2003 Medicare Modernization Act introduced income-related premiums on Medicare coverage for professional services (Part B) for the first time. Beginning in 2007, higher-income households were required to pay higher premiums for Part B coverage, which raises the price of Medicare relative to employer-sponsored health insurance for these households. The authors exploit this exogenous change in Medicare policy to examine the impact of Part B premiums on the labor supply decisions of older adults. They find that higher Medicare premiums delay retirement. Findings have important implications for Medicare policy and labor markets.
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