Economics & Finance / Economic Theory / Labor Economics

Health Insurance Costs Are Killing Jobs: The Hidden Impact on Your Paycheck

Katherine Baicker

Did you know that rising health insurance premiums are quietly reshaping the entire job market? This video breaks down a groundbreaking study by Katherine Baicker and Amitabh Chandra that reveals how every 10% increase in employer health insurance costs leads to a 1.6% drop in employment and a 2.3% wage cut for workers. It's not just about healthcare—it's about your job security, hours, and pay. We expose the hidden trade-off between benefits and wages, the shift from full-time to part-time roles, and why low-wage workers are hit hardest. Watch to understand the real cost of health insurance and what it means for your career. No jargon, just eye-opening facts that will change how you see the economy.