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The Impact of Health Status and Out-of-Pocket Medical Expenditures on Annuity Valuation
Health Status Out-of-Pocket Medical Expenditures Annuity Valuation
2016/3/18
This paper describes how differences in health status at retirement can influence the decision to purchase a life annuity. We extend previous research on annuitization decisions by incorporating the e...
Policy makers and health programmers are frequently faced with two conflicting positions in regard to health interventions. The first position links particular health interventions with significant an...