Intergenerational aspects of health care
AbstractThe physical process of aging means that the use of health services varies significantly by age. This association between age and health care consumption raises a number of issues related to intergenerational and intragenerational equity, including the allocation of societal resources across age groups and the effects of population aging and health cost growth on public sector health care burdens and, hence, on intergenerational redistribution. This working paper (forthcoming as a chapter in the Oxford Handbook of Health Economics) provides a detailed look at the theoretical and empirical relationships between health spending and age, both in the US and internationally, and reviews the evidence on the intergenerational redistribution associated with public health spending over time.
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Bibliographic InfoPaper provided by Board of Governors of the Federal Reserve System (U.S.) in its series Finance and Economics Discussion Series with number 2009-38.
Date of creation: 2009
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-AGE-2009-11-21 (Economics of Ageing)
- NEP-ALL-2009-11-21 (All new papers)
- NEP-HEA-2009-11-21 (Health Economics)
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