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

Katerina Pavlokova

No 2009/05, Working Papers IES from Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies

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.

Keywords: health care; last year of life; financial sustainability (search for similar items in EconPapers)
JEL-codes: H51 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2009-02, Revised 2009-02
New Economics Papers: this item is included in nep-age, nep-hea, nep-ias and nep-tra
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