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Medical Spending around the Developed World

French, E; Kelly, E; (2016) Medical Spending around the Developed World. Fiscal Studies , 37 (3-4) pp. 327-344. 10.1111/j.1475-5890.2016.12127. Green open access

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Abstract

We bring together estimates of patterns of medical spending in all nine countries considered in this issue – Canada, Denmark, England, France, Germany, Japan, the Netherlands, Taiwan and the United States. Comparing estimates across countries reveals three principal findings. First, medical spending in the calendar year of death accounts for 5–10 per cent of aggregate medical spending for the whole population and 9–20 per cent for those aged 65 and over. Spending in Taiwan is a little higher, at 16 per cent for the whole population and 29 per cent for the over-65s. Second, there is a mostly negative correlation between patient income and medical spending within all countries, except Japan and Taiwan for the over-65s and Taiwan and the US for the under-25s. Third, medical spending in all countries is concentrated in a small share of the population and is persistent over time, although the degree of concentration and persistence varies across countries.

Type: Article
Title: Medical Spending around the Developed World
Open access status: An open access version is available from UCL Discovery
DOI: 10.1111/j.1475-5890.2016.12127
Publisher version: http://doi.org/10.1111/j.1475-5890.2016.12127
Language: English
Additional information: Copyright © 2016 The Authors. Fiscal Studies by John Wiley & Sons Ltd. on behalf of Institute for Fiscal Studies This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery.ucl.ac.uk/id/eprint/1535023
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