Cover: Insuring Mobilized Reservists Against Economic Losses

Insuring Mobilized Reservists Against Economic Losses

An Overview

Published 1995

by David W. Grissmer, Sheila Nataraj Kirby, Man-bing Sze, David M. Adamson

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Reserve personnel played a critical role during Operation Desert Storm. However, a significant proportion of those who were mobilized faced economic losses. These losses resulted from the difference between their civilian and military incomes, loss of civilian benefits, and additional expenses during mobilization. This report summarizes results from an ongoing study of the economic losses of reservists upon mobilization and explores one option for addressing this problem, namely, the feasibility of offering insurance protection against such losses. The results are based on two surveys of reserve personnel.

This report is part of the RAND monograph report series. The monograph/report was a product of RAND from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.

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