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End-of-Life Medical Expenses

Author

Listed:
  • French, Eric Baird
  • Jones, John Bailey
  • Kelly, Elaine
  • McCauley, Jeremy

Abstract

In this review, we document end-of-life medical spending: its level, composition, funding and contribution to aggregate medical spending, both for the US and abroad. We discuss how end-of-life expenses affects household savings and other financial behaviour such as insurance choices. Lastly, we review economic evidence on the efficacy of medical spending at the end of life, assessing the value of palliative and other care for both longevity and patient satisfaction.

Suggested Citation

  • French, Eric Baird & Jones, John Bailey & Kelly, Elaine & McCauley, Jeremy, 2019. "End-of-Life Medical Expenses," CEPR Discussion Papers 13913, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:13913
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    More about this item

    Keywords

    End of Life; Insurance; medical spending; Savings;

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private

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