Arbeitspapier

The Health-Consumption Effects of Increasing Retirement Age Late in the Game

Using the differentiated increase in retirement age across cohorts introduced by the 2010 French pension reform, we estimate the health-consumption effects of a 4-month increase in retirement age. We focus on individuals who were close to retirement age but not retired yet by the time the reform was passed. Using administrative data on individual sick-leave claims and non-hospital health-care expenses, we show that the probability of having at least one sickness absence increases for all treated groups, while the overall number of sick days remains unchanged, conditional on having a sick leave. Delaying retirement does not increase the probability of seeing a GP, except for men in the younger cohorts. In contrast, it raises the probability of having a visit with a specialist physician for all individuals, except men in the older cohorts. Delaying retirement also increases the probability of seeing a physiotherapist among women from the older cohorts. Overall, it increases health expense claims, in particular in the lower part of the expenditure distribution.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 15998

Classification
Wirtschaft
Health: General
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Demographic Economics: Public Policy
Retirement; Retirement Policies
Subject
pension reform
retirement age
health
health-care consumption

Event
Geistige Schöpfung
(who)
Caroli, Eve
Pollak, Catherine
Roger, Muriel
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2023

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Caroli, Eve
  • Pollak, Catherine
  • Roger, Muriel
  • Institute of Labor Economics (IZA)

Time of origin

  • 2023

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