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Over-indebtedness and chronic disease: a linked register-based study of Finnish men and women during 1995–2010

Author

Listed:
  • Jenni Blomgren

    (The Social Insurance Institution of Finland)

  • Nico Maunula

    (The Social Insurance Institution of Finland)

  • Heikki Hiilamo

    (University of Helsinki)

Abstract

Objectives More knowledge of the associations between over-indebtedness and health is needed. This study is the first longitudinal register-based study analysing long-term health consequences of severe over-indebtedness. Methods Adult Finnish persons, identified in 2010 as having been over-indebted for at least 15 years, were compared with matched controls (total N = 48,778). The analyses utilized register data on socio-demographic and health-related factors. Incidence of chronic disease during 1995–2010 was measured with entitlements to special reimbursement for medicines for treatment of severe and chronic diseases. Incidence of all diseases was examined, as well as incidence of hypertension, diabetes, bronchial asthma and COPD, coronary heart disease, and psychoses. Multivariate analyses were conducted with the Cox proportional hazards method. Results Severe over-indebtedness was associated with increased incidence of any chronic disease, and most notably with increased risk of psychoses and diabetes. The associations were stronger among women than among men. Conclusions Over-indebtedness is associated with harmful health conditions. Policy makers should consider taking steps to prevent over-indebtedness and to increase the awareness of social and health service professionals of the problems associated with over-indebtedness.

Suggested Citation

  • Jenni Blomgren & Nico Maunula & Heikki Hiilamo, 2016. "Over-indebtedness and chronic disease: a linked register-based study of Finnish men and women during 1995–2010," International Journal of Public Health, Springer;Swiss School of Public Health (SSPH+), vol. 61(5), pages 535-544, June.
    • Handle: RePEc:spr:ijphth:v:61:y:2016:i:5:d:10.1007_s00038-015-0778-4
    DOI: 10.1007/s00038-015-0778-4
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    Cited by:

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    5. Jacqueline Warth & Marie-Therese Puth & Ulrike Zier & Niklas Beckmann & Johannes Porz & Judith Tillmann & Klaus Weckbecker & Hans Bosma & Birgitta Weltermann & Eva Münster, 2020. "Patient-physician communication about financial problems: A cross-sectional study among over-indebted individuals," PLOS ONE, Public Library of Science, vol. 15(5), pages 1-14, May.
    6. Lynn, Peter & Fumagalli, Laura & Muñoz-Bugarin, Jair, 2021. "The effect of formal debt advice on financial management and knowledge: insights from a new longitudinal study in Britain," ISER Working Paper Series 2021-09, Institute for Social and Economic Research.
    7. A. Håkansson, 2020. "Role of Gambling in Payback Failure in Consumer Credit—Data from a Large Body of Material Regarding Consumer Loan Recipients in Sweden," IJERPH, MDPI, vol. 17(8), pages 1-18, April.
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