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End-of-Life Medical Expenses

Eric Baird French, John Bailey Jones, Elaine Kelly and Jeremy McCauley ()

No 13913, CEPR Discussion Papers from C.E.P.R. Discussion Papers

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.

Keywords: End of Life; Insurance; medical spending; Savings (search for similar items in EconPapers)
JEL-codes: I12 I13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-hea and nep-ias
Date: 2019-08
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