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How do basic income for elderly affect health of self-employed?
1Sol Price School of Public Policy, University of Southern California, Los Angeles, CA, USA.
Basic income supplements improved health for self-employed retirees, reducing anemia and enhancing cognitive function and well-being. Salaried workers saw no significant health benefits, though food availability improved for both groups.
Area of Science:
- Public Health
- Gerontology
- Health Economics
Background:
- Elderly populations face unique health challenges.
- Retirees' employment status (self-employed vs. salaried) may influence health outcomes.
- Social protection and income stability impact health and well-being.
Purpose of the Study:
- To investigate the health effects of a basic income program on elderly retired workers.
- To compare the impact of basic income on self-employed versus salaried workers.
- To assess changes in health, healthcare utilization, and food availability.
Main Methods:
- A cluster-randomized controlled trial was conducted in Yucatan, Mexico.
- Elderly individuals aged 70+ received a monthly income supplement.
- Health outcomes were compared between a treatment town (Valladolid) and a control town (Motul) over two waves.
Main Results:
- Self-employed workers showed reduced anemia, improved lung function, better word recall, and increased health satisfaction.
- Salaried workers did not exhibit significant changes in health outcomes.
- Food availability increased for both groups, with a more pronounced effect on the self-employed. Family transfers were crowded out for both groups.
Conclusions:
- Basic income (non-contributory pension) positively impacts specific health indicators for self-employed elderly retirees.
- The program's benefits are not uniform across different employment backgrounds.
- Policy implications for social protection and elderly welfare warrant further investigation.
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