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Centre for Policy on Ageing | |
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Longevity and health care expenditures
— the real reasons older people spend more | | Author(s) | Zhou Yang, Edward C Norton, Sally C Stearns |
| Journal title | Journals of Gerontology: Series B, Psychological Sciences and Social Sciences, vol 58B, no 1, January 2003 |
| Pages | pp S2-S10 |
| Keywords | Longevity ; Health services ; Expenditure [care] ; United States of America. |
| Annotation | In their investigation of the relative contributions of age and time of death to health care expenditure, the authors conducted graphical analysis of data on 25,994 older people from the Medicare Current Beneficiary Survey Cost (MCBS) and Use Files from 1992 to 1998 and the 1993 US National Mortality Followback Survey. Their results indicate that monthly health care expenditures of older people increase substantially with age, primarily because mortality rates increase with age, and health care expenditures increase with closeness to death. Time to death is the main reason for higher inpatient care expenditures, whereas ageing is the main reason for higher long-term care expenditure. Both increases in the absolute numbers of older people and in their longevity will increase future Medicare expenditures. Yet, the expected increase in per person health care expenditures caused by greater longevity of Medicare beneficiaries will be less than expected, because of the concentration at the end of life rather than during extra years of a relatively healthy life. (RH). |
| Accession Number | CPA-030212204 A |
| Classmark | BGA: L: QD: 7T |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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