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  • Essay / Health Effects of Compensation - 866

    Compensation plays a huge role in many areas of American society. Perhaps one of the most important is the health of individuals living in our society. The amount of compensation a person receives can have a significant impact on their health and that of their family. Things like income, quality of health insurance, stress level, and quality of food eaten are all factors that can contribute to a person's overall health. 4Income will often determine whether or not a person goes to the doctor. Whether for preventative reasons or because an illness has already occurred, regular visits to the doctor can ensure an individual's health. If a person's compensation includes health insurance, their doctor's expenses can be much more affordable than if they don't. That doesn't mean they can afford to go to the doctor. There are always expenses. Many people are unable to plan for unexpected expenses such as medical needs. Jeff Larrimore discussed the effects of income on health in his article "Does Higher Income Have Positive Effects on Health?" Using the earned income tax credit to explore the income-health gradient. In his findings, he said: "Although I observed a correlation between income and self-reported health, I found no evidence that increasing income significantly improves health. self-reported. ยป Although he did not find a correlation between income and self-reported health, there may be a correlation between income and unreported health. There would be no clear record of a person's health if they were unable to afford the medical care they need. Insurance is a factor in the health of Americans. Most companies are required to offer insurance...... middle of paper ......Eligibility for coverage, utilization and children's health assistance. Health Economics, 21(9), 1061-1079. JOHNSTON, DW and WANG-SHENG, L. (2013). ADDITIONAL STATUS AND ADDITIONAL STRESS: ARE PROMOTIONS GOOD FOR US?. Industrial and Labor Relations Review, 66(1), 32-54. LARRIMORE, J. (2011). Does higher income have positive effects on health? Using the earned income tax credit to explore the income-health gradient. Milbank Quarterly, 89(4), 694-727. doi:10.1111/j.1468-0009.2011.00647.xPonnet, K. & Wouters, E. (2014). Stress and mental health in families at different income levels: a multi-actor data collection strategy. JMIR Research Protocols, 3(1), e1. doi:10.2196/resprot.2832Feature, R. (nd). 10 Stress-Related Health Problems You Can Solve. WebMD. Accessed May 4, 2014, from http://www.webmd.com/balance/stress-management/features/10-fixable-stress-rated-health-problems