Socioeconomic and Lifestyle Factors Related to Cost and Frequency of Hospitalization in European Older Adults
Isabel Pardo-Garcia,
Elisa Amo-Saus and
Pablo Moya-Martinez
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Isabel Pardo-Garcia: School of Economics and Business Administration, Castilla-La Mancha University (UCLM), 02071 Albacete, Spain
Elisa Amo-Saus: School of Economics and Business Administration, Castilla-La Mancha University (UCLM), 02071 Albacete, Spain
Pablo Moya-Martinez: Sociosanitary Research Center, 16071 Cuenca, Spain
IJERPH, 2021, vol. 18, issue 6, 1-17
Abstract:
Individuals’ lifestyles play an important role in healthcare costs. A large part of these costs is derived from hospitalizations. With the aim of determine the relationship between lifestyle and the likelihood of hospitalization and associate costs in older adults, this study used the Survey of Health, Aging, and Retirement in Europe. Generalized regression models for panel data were developed and adjusted hospitalization costs derived from the length of hospital stay were also estimated. The average adjusted cost of hospitalization was I$ 9901.50 and the analyses showed that performing weekly physical activity significantly reduces the probability of hospitalization (OR: 0.624) and its costs (I$ 2594.5 less per person per year than subjects who never performed physical activity). Muscle strength plays an important role in this relationship and eating habits are not of great significance. Furthermore, we found interesting differences in the frequency and costs of hospitalization between subjects by country.
Keywords: health care utilization; costs; economics of ageing; physical activity (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:18:y:2021:i:6:p:2833-:d:514569
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