Abstract
This article presents an empirical analysis of the extent to which acute and long-term care cause disabled elderly persons to incur catastrophic costs. We found that the proportion of those people whose out-of-pocket costs exceed 20% of income rises from 20% (when only acute care costs are measured) to 30% (when long-term care costs are included).
Publication types
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Research Support, U.S. Gov't, P.H.S.
MeSH terms
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Age Factors
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Aged
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Aged, 80 and over
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Catastrophic Illness / economics*
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Financing, Personal / economics
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Health Care Costs* / legislation & jurisprudence
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Health Care Costs* / statistics & numerical data
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Humans
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Income
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Insurance, Major Medical / economics
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Insurance, Major Medical / legislation & jurisprudence
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Long-Term Care / economics*
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Medicare / economics
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Medicare / legislation & jurisprudence
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Persons with Disabilities* / legislation & jurisprudence
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United States