Study looks at health care spending’s rise in the twilight years

(By – Jim Landers, www.dallasnews.com)

A person’s health care spending tends to be high in the last year of life — but not as high as conventional health economics suggests. The biggest spending comes from years of custodial, disability care endured in nursing homes and hospitals — mostly by women who don’t have long-term care insurance. A paper released this summer by a team writing for the National Bureau of Economic Research found spending concentrated among a small cohort of elderly Americans, who tend to stay at the high end for three years or more. Read more…

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