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International consortium to examine the impact of medical devices on health and retirement
Date:1/5/2011

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Howgill adds that this is the first time InHealth has awarded a grant to academic institutions outside the United States.

For the study, researchers will examine economic and sociodemographic factors that contribute to an individual's decision about receiving a hip replacement. Data sources for the study will include the English Longitudinal Study of Aging; the Survey of Health, Aging, and Retirement in Europe; and the U.S. Health and Retirement Study. The three sources collect similar financial and other patient information, including current and prospective pension payments; employment; health conditions; physical health; healthcare interventions; and sociodemographic characteristics of individuals 50 years of age or older and their partners.

Investigators will then compare patients who received a hip replacement with those who did not, to determine how the treatment affected their employment and retirement decisions. Based on this comparative data, they will estimate the impact of hip replacement on national pension and Social Security systems, and the potential outcome of financial incentivessuch as tax breaksthat could encourage working adults to delay retirement.

"We chose to study hip replacement in continental Europe, England, and the United States because of the country variations in incentives for retirement and the number of older adults still in the work force," says Ruben Mujica-Mota, PhD, a senior research fellow at the Center for Research in Healthcare Management at the Universit Bocconi and lead investigator for the study. "We aim to contribute evidence to the growing debate in these countries over policy measures to reduce the gap between available tax revenues and the public expenditures required to provide Social Security and pension benefits."

The consortium conducting the study, "The Effect of Medical Devices on Health and Retirement: The Case of Hip Replacement Therapy," was drawn together by the Eur
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Contact: Caitlin Hool
caitlin.hool@gabbe.com
212-220-4444
InHealth: The Institute for Health Technology Studies
Source:Eurekalert

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