The Effects of Housing Wealth on Health Care Spending

3 days ago · Our research examines the extent to which elderly people are constrained in their health care consumption by estimating the effects of housing wealth on out-of-pocket medical spending.

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FAQs about The Effects of Housing Wealth on Health Care Spending Coupon?

How does housing value affect healthcare expenditures?

Regarding healthcare expenditures, household members in the highly educated group may require less or minor in-patient care because the rise in housing value improves their health outcomes. Hence, when housing values rise, in-patient expenditure falls, but only among the well-educated. ...

How does housing wealth affect health?

However, the directions of the effects are mixed. Increases in housing wealth affect the health of homeowners by reducing the likelihood of having hypertension while increasing the probability of having dyslipidemia. The results also reveal a decline in healthcare utilisation and healthy behaviours. ...

Does adequate housing decrease health care costs?

The provision of adequate housing should lead to increased human well-being and subsequently lower health care costs. However, there is limited evidence to support these claims, with the current evidence mainly focused on the health effects of outdoor hazards in the area surrounding homes. ...

How does wealth affect health-related expenditures?

One beneficial wealth effect is that it lowers the probability of either smoking or drinking by 2.48 to 2.74 percentage points. Table 3 presents the effects on health-related expenditures. The results show that simulated housing value changes no longer significantly affect expenses for self-treatment and alcohol and cigarettes. ...

How does housing affect health?

Housing operating costs, such as utilities, are also burdensome and consequential for health. Low-income households are more likely to reside in older, poorer-quality, less energy-efficient homes and to allocate a greater share of their income to energy expenditures (Hernández, 2013). ...

Do housing prices affect health?

Our review shows that there are complex relationships between housing prices and health – with studies arriving to mixed conclusions across a wide-variety of health outcomes and populations. ...