dc.contributor.author | Dobkin, Carlos | |
dc.contributor.author | Notowidigdo, Matthew J. | |
dc.contributor.author | Finkelstein, Amy | |
dc.contributor.author | Kluender, Raymond Peter | |
dc.date.accessioned | 2018-03-09T18:31:45Z | |
dc.date.available | 2018-03-09T18:31:45Z | |
dc.date.issued | 2018-02 | |
dc.identifier.issn | 0002-8282 | |
dc.identifier.uri | http://hdl.handle.net/1721.1/114039 | |
dc.description.abstract | We use an event study approach to examine the economic consequences of hospital admissions for adults in two datasets: survey data from the Health and Retirement Study, and hospitalization data linked to credit reports. For non-elderly adults with health insurance, hospital admissions increase out-of-pocket medical spending, unpaid medical bills, and bankruptcy, and reduce earnings, income, access to credit, and consumer borrowing. The earnings decline is substantial compared to the out-of-pocket spending increase, and is minimally insured prior to age-eligibility for Social Security Retirement Income. Relative to the insured non-elderly, the uninsured non-elderly experience much larger increases in unpaid medical bills and bankruptcy rates following a hospital admission. Hospital admissions trigger fewer than 5 percent of all bankruptcies in our sample. | en_US |
dc.description.sponsorship | National Institute on Aging (P01AG005842) | en_US |
dc.description.sponsorship | National Institute on Aging (R01 AG032449) | en_US |
dc.description.sponsorship | National Science Foundation (U.S.). Graduate Research Fellowship Program (grant 1122374) | en_US |
dc.publisher | American Economic Association | en_US |
dc.relation.isversionof | http://dx.doi.org/10.1257/aer.20161038 | en_US |
dc.rights | Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. | en_US |
dc.source | American Economic Association | en_US |
dc.title | The Economic Consequences of Hospital Admissions | en_US |
dc.type | Article | en_US |
dc.identifier.citation | Dobkin, Carlos, Amy Finkelstein, Raymond Kluender, and Matthew J. Notowidigdo. “The Economic Consequences of Hospital Admissions.” American Economic Review 108, no. 2 (February 2018): 308–352. © 2018 American Economic Association | en_US |
dc.contributor.department | Massachusetts Institute of Technology. Department of Economics | en_US |
dc.contributor.mitauthor | Finkelstein, Amy | |
dc.contributor.mitauthor | Kluender, Raymond Peter | |
dc.relation.journal | American Economic Review | en_US |
dc.eprint.version | Final published version | en_US |
dc.type.uri | http://purl.org/eprint/type/JournalArticle | en_US |
eprint.status | http://purl.org/eprint/status/PeerReviewed | en_US |
dc.date.updated | 2018-02-21T18:07:57Z | |
dspace.orderedauthors | Dobkin, Carlos; Finkelstein, Amy; Kluender, Raymond; Notowidigdo, Matthew J. | en_US |
dspace.embargo.terms | N | en_US |
dc.identifier.orcid | https://orcid.org/0000-0002-9941-6684 | |
dc.identifier.orcid | https://orcid.org/0000-0002-0551-169X | |
mit.license | PUBLISHER_POLICY | en_US |