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Time to death and health expenditure of the Czech health care system

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Abstract

Growing concern about future sustainability of public budgets in the context of population ageing has given rise to a large debate on the role of age in the context of health care expenditure. Growing evidence on the so called death related costs hypothesis arguing that the positive relationship between age of the cohort and related health care expenditure is the result of growing probability of death changes in an important manner the results of the projections. The aim of this paper is to explore the importance of the death related costs hypothesis in the Czech health expenditure data and the impact of the hypothesis on the projection of the financial sustainability of the Czech health care system.

Suggested Citation

  • Kateřina Pavloková, 2009. "Time to death and health expenditure of the Czech health care system," Working Papers IES 2009/05, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Feb 2009.
    • Handle: RePEc:fau:wpaper:wp2009_05
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    File URL: http://ies.fsv.cuni.cz/default/file/download/id/10085
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    References listed on IDEAS

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    1. Oecd, 2006. "Projecting OECD Health and Long-Term Care Expenditures: What Are the Main Drivers?," OECD Economics Department Working Papers 477, OECD Publishing.
    2. Meena Seshamani & Alastair Gray, 2004. "Ageing and health‐care expenditure: the red herring argument revisited," Health Economics, John Wiley & Sons, Ltd., vol. 13(4), pages 303-314, April.
    3. Meena Seshamani, 2004. "The Impact of Ageing on Health Care Expenditures: Impending Crisis, or Misguided Concern?," Monograph 000488, Office of Health Economics.
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    More about this item

    Keywords

    health care; last year of life; financial sustainability;
    All these keywords.

    JEL classification:

    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health

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