Insuring the Risk of Unemployment Privately

The primary purpose of this article is to analyze the desirability of privatizing state unemployment insurance (UI) programs to determine if unemployed workers would be better off under a private, competitive system rather than under the present public system. Although several private unemployment insurance programs are now in existence, formidable obstacles must be overcome in order to have a viable, competitive UI system that would replace the present public system. Since it is unlikely that these obstacles can be overcome, the present UI system is likely to be retained. However, if state UI programs are retained, substantial improvements are necessary.

Publication Information
Article Title: Insuring the Risk of Unemployment Privately
Journal: Journal of Insurance Issues (Jan, 1990)
v. 13 iss. 1 pp. 1-26
Author(s): Rosenbaum, David I;  Rejda, George E
Researcher Information
Rosenbaum, David I
Rosenbaum, David I
Associate Director of the Bureau of Business Research,
  • Forensic Economics
  • Applied Microeconomics
  • Cost-Benefit Analysis
CoB 525 J
P.O. Box 880489
University of Nebraska-Lincoln
Lincoln, NE 68588-0489, USA
Phone: (402) 472-2318
Fax: (402) 472-9700
Rejda, George E
Rejda, George E
  • Insurance
CoB 423
P.O. Box 880490
University of Nebraska-Lincoln
Lincoln, NE 68588-0490, USA
Phone: (402) 472-2330