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The impact of comorbidity on wealth changes in later life
Author(s)Hyungsoo Kim, Jinkook Lee
Journal titleJournals of Gerontology: Series B, Psychological Sciences and Social Sciences, vol 61B, no 6, November 2006
Pagespp S307-S314
Sourcehttp://www.geron.org
KeywordsIll health ; Economic status [elderly] ; Marital status ; Correlation ; United States of America.
AnnotationDespite the high prevalence of comorbidity in later life, scientists do not fully understand its financial impact. This study on the impact of compounded health problems on older people's wealth uses data from the Asset and Health Dynamics Among the Oldest Old study (AHEAD) 1995 to 2002 waves. The authors found that comorbidity leads to significant wealth depletion in later life, especially for single older people: their wealth was depleted by 20% to 22% over a 3-year period, especially for those with the combination of heart disease and diabetes. The impact of comorbidity was disproportionately greater than the continued impact of a single health problem. However, the impact of comorbidity did not appear to be significant for married people. (RH).
Accession NumberCPA-070216205 A
ClassmarkCH: F:W: SLM: 49: 7T

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