End-of-Life Medical Expenses
Eric French (),
John Jones (),
Elaine Kelly and
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Elaine Kelly: Institute for Fiscal Studies and the Health Foundation
Jeremy McCauley: University College London
No 18-18, Working Paper from Federal Reserve Bank of Richmond
In this review, we document end-of-life medical spending: its level, composition, funding, and contribution to aggregate medical spending. We discuss how end-of-life expenses affect household behavior and economic evidence on the efficacy of medical spending at the end of life. Finally, we document recent trends in health and chronic disease at older ages and discuss what they might imply for end-of-life spending and medical spending in the aggregate.
Keywords: medical spending; household behavior (search for similar items in EconPapers)
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