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KMID : 0613620120320020402
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Health Social Welfare Review
2012 Volume.32 No. 2 p.402 ~ p.426
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The Impact of Death-related Costs on Health-care Expenditure in Korea
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Seok Sang-Hun
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Abstract
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This study used the 『Korean Retirement and Income Study』 data to examine the influence of death-related costs on the health-care expenditure of elderly households. According to the analysis results, it was confirmed that the health of the elderly and death-related accidents greatly affected the health-care expenditure of elderly households. In particular, the time until death greatly influenced the health-care expenditure of elderly households, and the influence of the time until death on health-care expenditure declined as the age at death increased. This means that the time until death is a more important determinant of the medical expenses of elderly households than age, the post-birth period. It indicates that reflecting the changes in the population structure alone is not sufficient in estimating the future health-care expenditure of the elderly, and that the health of the elderly and death-related expenses must also be taken into account.
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KEYWORD
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Health-care Expenditure, Time Until Death, Death-related Costs
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