Health shocks, out‐of‐pocket medical expenses and consumer debt among middle‐aged and older Americans

H Kim, W Yoon, KA Zurlo - Journal of Consumer Affairs, 2012 - Wiley Online Library
We examine two important issues related to health and financial burden in middle‐aged and
older Americans:(1) whether or not new health events affect a consumer's unsecured debt …

No pain, no strain: Impact of health on the financial security of older Americans

H Kim, AC Lyons - Journal of Consumer Affairs, 2008 - Wiley Online Library
This study uses data from the 2002 and 2004 Health and Retirement Study to investigate the
impact that new and existing health problems have on the financial strain of older …

Financial status and chronic conditions onset among non-elderly adults

IB Grafova - Review of Economics of the Household, 2015 - Springer
Using the 1999–2007 waves of the Panel Study of Income Dynamics, this paper examines
how the onset of chronic conditions among non-elderly adults affects the financial status of …

Debt and foregone medical care

L Kalousova, SA Burgard - Journal of health and social …, 2013 - journals.sagepub.com
Most American households carry debt, yet we have little understanding of how debt
influences health behavior, especially health care seeking. We examined associations …

Unequal effects of elders' health problems on wealth depletion across race and ethnicity

H Kim, J Lee - Journal of Consumer Affairs, 2005 - Wiley Online Library
We investigate the impact of health on wealth depletion of African American, Hispanic, and
non‐Hispanic white elders. Using the data from 4,464 elderly households that participated in …

[PDF][PDF] Seeing red: Americans driven into debt by medical bills

MM Doty, JN Edwards… - The Commonwealth …, 2005 - commonwealthfund.org
New analysis of the 2003 Commonwealth Fund Biennial Health Insurance Survey reveals
that an estimated 77 million Americans age 19 and older—nearly two of five (37%) adults …

Is Household Debt Growing for Older Americans?

NS Karamcheva - 2013 - ideas.repec.org
An increasing number of Americans are entering old age with outstanding debt, forcing
many retirees to devote some income to servicing their debt and leaving them with less to …

Do health problems reduce consumption at older ages?

BA Butrica, RW Johnson, G Mermin - Available at SSRN 1371110, 2009 - papers.ssrn.com
High out-of-pocket health care costs may have serious repercussions for older people and
their families. If their incomes are not sufficient to cover these expenses, older adults with …

Borrowing to cope with adverse health events: Liquidity constraints, insurance coverage, and unsecured debt

P Babiarz, R Widdows, T Yilmazer - Health economics, 2013 - Wiley Online Library
This article uses data from the Health and Retirement Study for 1998–2010 to investigate
whether households respond to the financial stress caused by health problems by …

How does debt shape health outcomes for older Americans?

S Mudrazija, BA Butrica - Social Science & Medicine, 2023 - Elsevier
The deleterious effects that debt can have on health outcomes are well documented, yet
comprehensive studies of the debt-health link for older adults remain limited even as their …