Trading Bankruptcy for Health: A Discrete-Choice Experiment.

ABSTRACT:

Background

Although nearly two-third of bankruptcy in the United States is medical in origin, a common assumption is that individuals facing a potentially lethal disease opt for cure at any cost. This assumption has never been tested, and knowledge of how the American population values a trade-off between cure and bankruptcy is unknown.

Objectives

To determine the relative importance among the general American population of improved health versus improved financial risk protection, and to determine the impact of demographics on these preferences.

Methods

A discrete-choice experiment was performed with 2359 members of the US population. Respondents were asked to value treatments with varying chances of cure and bankruptcy in the presence of a lethal disease. Latent cla

SUBMITTER: Shrime MG 

PROVIDER: S-EPMC6739632 | biostudies-literature | 2018 Jan

REPOSITORIES: biostudies-literature