It would also shift over 57,000 employees from part-time to full-time work, increase weekly hours by nearly 280,000, and increase aggregate annual wages by almost $16.5 billion.While tax credits have negligible employment effects, the authors find they also have a much smaller impact on the uninsured.Policy Alternatives Employer mandates are the most popular proposal at the state level, although Hawaii is currently the only state with an active mandate in place.

Their analysis includes estimates of eligibility, the number of individuals predicted to take up a policy, the number of individuals switching from private coverage to a policy’s coverage, changes in spending on health insurance (both private and public), and changes in wages and employment levels.

In terms of labor market effects, employer mandates are by far the most costly.

The authors find that although these mandates successfully increase the number of newly insured individuals, they do so at the cost of over 995,000 jobs.

Overview Over 46 million Americans lacked health insurance in 2005.

This problem has increasingly drawn the attention of policymakers at the local, state, and federal levels.

Attempts to increase health coverage have generally focused on three main types of policy proposals: mandating employer-paid health insurance, providing tax credits for low-income individuals to buy insurance, and expanding Medicaid to cover more of the uninsured.

While many studies have considered the impact of these policies on the number of uninsured and the cost to the federal government, the additional impacts on employer costs and the labor market have generally been ignored.

In addition, over 1.5 million employees would find themselves unwillingly shifted from full-time to part-time employment status.

This would result in 1.2 million fewer hours worked per week and decrease aggregate annual wages by nearly billion.