Presentation

Session: Posters
Room: TBA
Time: Fri 13:00-14:30

Presenter: Mijung Park (University of Hawaii at Manoa. Nursing)

Abstract: This paper documents a robust negative relationship between household size and medical expenditures in the United States. Residing in a larger family is associated with less consumption of medical care ceteris paribus. An additional household member is associated with between $255.60 and $277.36 fewer expenditures on health care on average. Using
quantile regression, we found that the magnitude of cost saving associated with living in a larger family increases with the demand for medical care. Based on these findings, we conclude that larger family size may be beneficial to a person’s health by increasing quantity of family caregiving. Future research is needed to verify the mechanisms underlying this correlation.
Key Terms: household size, medical expenditure.
Authors:: Timothy Halliday (University of Hawaii at Manoa. Economics) and Mijung Park (University of Hawaii at Manoa. Nursing)

Presentation: The Relationship Between Household Size and the Medical expenditure