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Economics

University at Albany, State University of New York

Theses/Dissertations

2019

Medical care

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Health Shocks, Labor Market Activities, And End-Of-Life Medical Expenses, Yuan Fang Jan 2019

Health Shocks, Labor Market Activities, And End-Of-Life Medical Expenses, Yuan Fang

Legacy Theses & Dissertations (2009 - 2024)

Health capital depletes with each additional health shock. The presence of health insurance may reduce out-of-pocket costs, and hence increase the demand for care following a shock. Also, death is the ultimate health outcome for an individual that follows periods of health morbidities and health shocks. Towards the end individual lives, the demand for and cost of health care increases tremendously, but these costs vary significantly across socio-demographic groups.