The Economic Crisis and Medical Care Usage

24 Pages Posted: 24 Mar 2010

See all articles by Annamaria Lusardi

Annamaria Lusardi

Stanford University - Stanford Institute for Economic Policy Research

Daniel Schneider

Princeton University

Peter Tufano

Harvard Business School; Salata Institute for Climate and Sustainability

Multiple version iconThere are 3 versions of this paper

Date Written: January 24, 2010

Abstract

We use a unique, nationally representative cross-national dataset to document the reduction in individuals’ usage of routine non-emergency medical care in the midst of the economic crisis. A substantially larger fraction of Americans have reduced medical care than have individuals in Great Britain, Canada, France, and Germany, all countries with universal health care systems. At the national level, reductions in medical care are related to the degree to which individuals must pay for it, and within countries are strongly associated with exogenous shocks to wealth and employment.

Suggested Citation

Lusardi, Annamaria and Schneider, Daniel and Tufano, Peter, The Economic Crisis and Medical Care Usage (January 24, 2010). Harvard Business School Finance Working Paper No. 10-079, Available at SSRN: https://ssrn.com/abstract=1574271 or http://dx.doi.org/10.2139/ssrn.1574271

Annamaria Lusardi

Stanford University - Stanford Institute for Economic Policy Research ( email )

366 Galvez Street
John A. and Cynthia Fry Gunn Building
Stanford, CA CA 94305
United States

HOME PAGE: http://siepr.stanford.edu/people/annamaria-lusardi

Daniel Schneider

Princeton University ( email )

22 Chambers Street
Princeton, NJ 08544-0708
United States

Peter Tufano (Contact Author)

Harvard Business School ( email )

Soldiers Field Road
Morgan Hall 131
Boston, MA 02163
United States

Salata Institute for Climate and Sustainability

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