The Economic Consequences of Hospital Admissions

Carlos Dobkin, Amy Finkelstein, Raymond Kluender and Matthew Notowidigdo

No 22288, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We examine some economic impacts of hospital admissions using an event study approach in two datasets: survey data from the Health and Retirement Study, and hospital admissions data linked to consumer credit reports. We report estimates of the impact of hospital admissions on out-of-pocket medical spending, unpaid medical bills, bankruptcy, earnings, income (and its components), access to credit, and consumer borrowing. The results point to three primary conclusions: non-elderly adults with health insurance still face considerable exposure to uninsured earnings risk; a large share of the incremental risk exposure for uninsured non-elderly adults is borne by third parties who absorb their unpaid medical bills; the elderly face very little economic risk from adverse health shocks.

JEL-codes: D14 I10 I13 (search for similar items in EconPapers)
Date: 2016-05
New Economics Papers: this item is included in nep-age, nep-hea and nep-lma
Note: EH PE
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Citations: View citations in EconPapers (16)

Published as Carlos Dobkin & Amy Finkelstein & Raymond Kluender & Matthew J. Notowidigdo, 2018. "The Economic Consequences of Hospital Admissions," American Economic Review, vol 108(2), pages 308-352.

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Journal Article: The Economic Consequences of Hospital Admissions (2018)
Working Paper: The Economic Consequences of Hospital Admissions (2018)
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