Life expectancies in specific health states: Results from a joint model of health status and mortality of older persons |
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Authors: | France Portrait Maarten Lindeboom Dorly Deeg |
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Institution: | Department of Economics, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands. Fportrait@econ.vu.nl |
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Abstract: | With the trend toward aging, increases in health care expenditures are expected. Insight into (future) needs for care services requires a taxonomy of older persons' health conditions: how health status develops as people age and how these health conditions determine residual life expectancy. In this paper we provide this information for the Netherlands. We apply a flexible nonparametric method--the Grade of Membership method--to a national database and summarize the multidimensional concept of health status into a limited set of interpretable indices. We then use these indices in our panel data model for health status and mortality. The model results are used to calculate age-health profiles and expected residual lifetimes in specific health states. |
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