Estimated Effects of Wage Increase and Insurance

Inputs for Calculation

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Characteristics of the Target Population
Total population
Total hours worked per year
Overall % uninsured
Difference in % uninsured between lowest and highest wage categories
Population distribution by wage category
Category % in wage category
$6.75
$7.75
$8.75
Current overall mortality rate per year

Assumed effects of Health Insurance and Income
Relative risku:
Uninsured v. Insured
Relative riskΔ i: For each $21,831 (2002 dollars)

Provisions of the Living Wage Ordinance
Living wage rate
% of uninsured to receive insurance
$ compensation in lieu of health insurance
(per hour)
Cost of health insurance premium per hour