TABLE 2.

Definitions of types of health‐care costs used, based on Gardiner et al.¹⁴

Direct health‐care costs: costs associated with hospital, community, home‐based, long‐term care facility, or hospice care paid by insurance companies, government, or other third parties Informal health‐care costs: any cost incurred by patients and their families, including direct payments of money (such as payments for long‐term care facilities), out‐of‐pocket expenses, or income lost through illness or informal caregiving