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Activity Number: 358
Type: Contributed
Date/Time: Tuesday, August 11, 2015 : 10:30 AM to 12:20 PM
Sponsor: Health Policy Statistics Section
Abstract #314831 View Presentation
Title: The Concentration of Health Care Expenditures in the U.S. and Predictions of Future Spending
Author(s): Steven Cohen*
Companies: AHRQ
Keywords: medical expenditures ; predictions
Abstract:

Health care expenditures represent more than one-sixth of the U.S. gross domestic product, exhibit a rate of growth that exceeds other sectors of the economy, and constitute one of the largest components of the federal budget and states' budgets. Studies that examine the concentration and persistence of high levels of expenditures over time are essential to help discern the factors most likely to drive health care spending and the characteristics of the individuals who incur them. Medical care expenses, however, are highly concentrated among a relatively small proportion of individuals in the community population. Using information from the Household Component of the Medical Expenditure Panel Survey, this study provides detailed estimates of the concentration and persistence in the level of health care expenditures in the United States. Attention is given to identifying the characteristics of individuals with the highest levels of medical expenditures, in addition to those factors that are associated with low medical expense profiles. Analyses are included to discern the most salient factors that predict the likelihood of high levels of medical expenditures in a subsequent year.


Authors who are presenting talks have a * after their name.

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