Does staying healthy reduce your lifetime health care costs?

Sun, Wei, Anthony Webb, and Natalia A. Zhivan. “Does staying healthy reduce your lifetime health care costs?”. Issue in Brief 10-8, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, May 2010. http://hdl.handle.net/2345/bc-ir:104249.
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Abstract

The brief's key findings are: (1) Retirees in good health face higher lifetime health care costs than those in poor health. (1a) A typical healthy couple at age 65 can expect to spend $260,000 with a 5-percent risk of exceeding $570,000. (1b) A typical unhealthy couple can expect to spend $220,000 with a 5-percent risk of exceeding $465,000. (2) in good health live longer, eventually become less healthy, and often need nursing home care. (3) So the healthy who delay buying Medigap or long-term care insurance could face much higher premiums later.

Title
Does staying healthy reduce your lifetime health care costs?
Author
Sun, Wei
Webb, Anthony
Zhivan, Natalia A.
Center
Center for Retirement Research
Genre
report
Date Issued
May 2010
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
10-8
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104249
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Health/long-term care

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