The Economic Consequences of Hospital Admissions
Carlos Dobkin, Amy Finkelstein, Raymond Kluender, Matthew J. Notowidigdo
NBER Working Paper No. 22288
Issued in May 2016, Revised in August 2016
NBER Program(s):Health Care, Public Economics
This study points out the huge loss of income resulting from hospitilization, which is not covered by insurance
Analysis is primarily on 2700 adults aged 50-59 for all types of hospitalizations
Note: It does not seem to consider those who died in the hospital
Vitamin D can sometimes
- Prevent the hospitalization
- Reduce the stay in the hospital (and thus the deductables and co-pays)
- Improve the outcome ==> less likely to lose job
See also VitaminDWiki
- An ounce of prevention is worth a pound of cure (might Vitamin D be worth several pounds)
- Improve your health BEFORE surgery (prehabilitation) helps your recovery - 2018
- Trauma with fracture – 2 weeks longer hospital stay if less than 10 ng vitamin D – Jan 2018
Cost savings with Vitamin D includes the following
- Vitamin D has been found to be cost-effective by many studies
- Estimated cost savings of getting most Canadians to 40 ng of Vitamin D - 2016
- Severe asthmatics willing to pay 5180 dollars for relief, Vitamin D needed costs only 45 dollars – Sept 2023
- People with extremely low vitamin D levels consume 2X more health care dollars – 2018
- Reduce 4 health problems by a quarter if increase Vitamin D to 30 ng – Saudi Arabia, Grant March 2023
- The top 10 medical expenses can all be decreased by vitamin D
- VA showed increased vitamin D associated with lower health costs - Lancet May 2012
- Diabetes prevented by 50,000 IU vitamin D monthly (Iran) – Jan 2022
- People with extremely low vitamin D levels consume 2X more health care dollars – 2018
- Giving free vitamin D to every Iranian would pay for itself by just reducing CVD – Oct 2021
- Heart attack ICU costs cut in half by Vitamin D – Oct 2018
- Medical problems are thought to be a cause of 66 percent of bankruptcies – April 2019
- Vitamin D is the 3rd most important contributor to health, following exercise and food
- 10 fewer days of ICU Mechanical Ventilation 300,000 IU injection of vitamin D – RCT March 2019
- Employers gain 10 dollars in productivity for every dollar spent on giving Vitamin D for free
- Employers should give night shift workers free vitamin D – GMB Union June 2019
- Biology of Vitamin D – 30ng min., 50ng preferred, 1000X lower cost than health problem – Feb 2019
- Dutch Vitamin D cost-effectivity Calculations (they prescribe 100,000 IU for Multiple Sclerosis) – Jan 2022
- Vitamin D is needed before many surgeries – many studies and RCTs
- 10 fewer days of ICU Mechanical Ventilation 300,000 IU injection of vitamin D – RCT March 2019
- ICU cost reduced by at least 27,000 dollars if get high dose vitamin D in first week - April 2017
- If you cannot readily get medical treatment, consider Alternative Med such as vitamin D
Age 50-59
We examine some economic impacts of hospital admissions using an event study approach in two datasets: survey data from the Health and Retirement Study, and hospital admissions data linked to consumer credit reports. We report estimates of the impact of hospital admissions on out-of-pocket medical spending, unpaid medical bills, bankruptcy, earnings, income (and its components), access to credit, and consumer borrowing. The results point to three primary conclusions: non-elderly adults with health insurance still face considerable exposure to uninsured earnings risk; a large share of the incremental risk exposure for uninsured non-elderly adults is borne by third parties who absorb their unpaid medical bills; the elderly face very little economic risk from adverse health shocks.
Download the PDF from VitaminDWiki
| 4928 visitors, last modified 16 Dec, 2019, |
| ID | Name | Uploaded | Size | Downloads | |
|---|---|---|---|---|---|
| 10509 | The Economic Consequences of Hospital Admissions.compressed.pdf | admin 09 Sep, 2018 | 589.50 Kb | 683 | |
| 10508 | 50-59 employment.jpg | admin 09 Sep, 2018 | 20.30 Kb | 564 |