Male and Female Tenure Continues to Move in OppositeDirections

Health Insurance Coverage and the Near Elderly, 1997

February 1999, Vol. 20, No. 2
Paperback, 16 pp.
PDF, 108 kb
Employee Benefit Research Institute, 1999

Download Notes PDF pdf

Executive Summary

Male and Female Tenure Continues to Move in Opposite
Directions
—As the American economy continues to exhibit
a high rate of mergers and acquisitions, decreasing job stability
and job security also continue to be subjects of interest. Such
decreases could have obvious implications for the
employer-employee relationship: workers may have less interest in
their employers' long-term goals, and employers may have less
incentive to invest in their workers. Such changes, if they are
occurring, could also have dramatic implications for American
workers and their families' retirement income security.

But, the first question that must be addressed is whether the
anecdotal evidence presented in today's headlines is truly
representative of what has been and is actually occurring. This Notes
article analyzes the most recent tenure data and discusses their
implications for retirement income security in light of other
research that has examined job security trends.

Health Insurance Coverage and the Near Elderly, 1997—The
near elderly population, those persons ages 55–64, consisted
of 25.1 million Americans (9.4 percent of the total population)
in 1997. Recent Employee Benefit Research Institute analysis of
the March 1998 Current Population Survey (CPS) reveals
that, among the near elderly, 85.8 percent reported having some
form of health care coverage during 1997, and 14.2 percent were
uninsured. In 1997, total employment-based health coverage
represented 65.9 percent of near elderly coverage, while 9.8
percent of the near elderly were covered by another type of
private insurance, and 16.5 percent were covered by some type of
public health insurance. The near elderly differ from other
cohorts in terms of labor force participation rates, marital
status, and income levels. As a result, this age group also
differs in their access to, and sources of, health insurance
coverage.