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The Risk of Out-of-Pocket Health Care Expenditure at End of Life
National Bureau of Economic Research [NBER] Link to more items from this source
July 13, 2010
Excerpt: Total out-of-pocket expenditures are strongly positively related to wealth and weakly related to income. We find evidence for a mechanism by which wealth could plausibly buy health: large expenditures on home modifications, helpers, home health care, and higher-quality nursing homes, which have been shown elsewhere to improve longevity.

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