Economie et Statistique / Economics and Statistics n° 538 - 2023 Ageing and Retirement
The Health-Consumption Effects of Increasing Retirement Age Late in the Game
Eve Caroli, Catherine Pollak and Muriel Roger
The views or opinions expressed by the authors engage only themselves, and neither the institutions they work with, nor INSEE.
Abstract
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 had not yet reached statutory retirement age by the time the reform was passed. Using administrative data on individual sick‑leave claims and 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 general practitioner, except for men in the younger cohorts. In contrast, it raises the probability of seeing 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 expenditures, in particular in the lower part of the expenditure distribution.
Article (pdf, 1 Mo )
Citation: Caroli, E., Pollak, C. & Roger, M. (2023). The Health-Consumption Effects of Increasing Retirement Age Late in the Game. Economie et Statistique / Economics and Statistics, 538, 49–67. doi: 10.24187/ecostat.2023.538.2092