2009
DOI: 10.2105/ajph.2008.141499
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Measuring Socioeconomic Differences in Use of Health Care Services by Wealth Versus by Income

Abstract: We found some support for wealth as a more sensitive indicator of socioeconomic status among older adults than was income. Wealth may thus allow more accurate measurements of socioeconomic differences in use of health care services for this population.

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Cited by 120 publications
(131 citation statements)
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“…This broad definition of income was used in an attempt to reflect the wealth of each patient, because it has been suggested that wealth is a more sensitive indicator of SES than income. 18 To account for yearly variation in income, we calculated the average income in the 5 years before admission for the patient and cohabiting partner. All patients were divided into tertiles of increasing income.…”
Section: Socioeconomic Statusmentioning
confidence: 99%
“…This broad definition of income was used in an attempt to reflect the wealth of each patient, because it has been suggested that wealth is a more sensitive indicator of SES than income. 18 To account for yearly variation in income, we calculated the average income in the 5 years before admission for the patient and cohabiting partner. All patients were divided into tertiles of increasing income.…”
Section: Socioeconomic Statusmentioning
confidence: 99%
“…This broad definition of income was used in an attempt to reflect the wealth of each patient because it has been suggested that wealth is a more sensitive indicator of SES than income. 12 We calculated the combined average income of each patient and their cohabiting partner in the 5 years before admission. All patients were divided into tertiles of increasing income.…”
Section: Socioeconomic Statusmentioning
confidence: 99%
“…Furthermore, even if income and wealth are positively related, income reflects a flow of resources, which are available over a period, while wealth reflects a stock of resources, which are accumulated over a person's lifetime. Among the elderly, levels of income vary much less than levels of wealth, so wealth allows more accurate measurements of SES differences in health and healthcare utilization in this population (Tsimbos 2010, Allin et al 2009). However, this study showed that wealth played a minor role in affecting the examined cognitive tasks of individuals, while education was a significant protective factor to prevent cognitive decline in aging.…”
Section: Discussionmentioning
confidence: 99%
“…Total assets are the sum value of the primary residence net of mortgage, value of the real estate, owned share of own business, owned cars, and the value of financial assets (bank accounts, government and corporate bonds, stocks, mutual funds, individual retirement accounts, and contractual savings for housing and life insurance policies owned by the household) minus financial liabilities. In this study, wealth instead of income was chosen as an economic indicator for elderly people in line with other literature (Tsimbos 2010, Allin et al 2009). …”
mentioning
confidence: 99%