Rm. Rubin et K. Koelln, OUT-OF-POCKET HEALTH EXPENDITURE DIFFERENTIALS BETWEEN ELDERLY AND NONELDERLY HOUSEHOLDS, The Gerontologist, 33(5), 1993, pp. 595-602
Regression analysis was used to compare out-of-pocket health and highe
r income elderly and non elderly households. Race and housing tenure w
ere significant determinants for both age groups, but assets, educatio
n, and family size were significant only for the non-elderly. Analysis
of out-of-pocket health costs indicated greater equity among elderly
persons, probably due to Medicare, but income elasticities revealed th
at health spending is a luxury for lower income elderly households.