Catastrophic acute and long-term care costs: risks faced by disabled elderly persons.
This article presents an empirical analysis of the extent to which acute and long-term care cause disabled elderly persons to incur catastrophic costs. We found that the proportion of those people whose out-of-pocket costs exceed 20% of income rises from 20% (when only acute care costs are measured) to 30% (when long-term care costs are included).
Liu
K
K
Health Policy Center, Urban Institute, Washington, DC 20037.
Perozek
M
M
Manton
K
K
D000367:Age Factors; D000368:Aged; D000369:Aged, 80 and over; D002388:Catastrophic Illness / Q000191:economics*; D006233:Persons with Disabilities / Q000331:legislation & jurisprudence; D005382:Financing, Personal / Q000191:economics; D017048:Health Care Costs / Q000331:legislation & jurisprudence / Q000706:statistics & numerical data; D006801:Humans; D007182:Income; D007354:Insurance, Major Medical / Q000191:economics / Q000331:legislation & jurisprudence; D008134:Long-Term Care / Q000191:economics*; D006278:Medicare / Q000191:economics / Q000331:legislation & jurisprudence; D014481:United States