ArticleMedical care2024
Financial Well-Being of U.S. Military Veterans and Health Impact: Results From the Survey of Household Economics and Decisionmaking.
Article in Medical care, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 4 papers.
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
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Who cites it
4 citing papers in PubMed.
- The developmental path to gambling disorder among U.S. veterans: a life-course perspective.Frontiers in psychology · 2026Article
- Understanding the impact of the unique stressors of National Guard service: the National Guard Occupational Demands Model.Frontiers in psychology · 2026Article
- Impact of environmental regulation, energy technology innovation on population health.BMC public health · 2025Article
- Measuring What Matters Most: Considering the Well-Being of the Whole Person in Health Care.Medical care · 2024Article
Corrections and comments
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Authors and funding
3 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
objectiveResearch has shown that psychosocial well-being in veterans, including financial status, is related to better clinical outcomes after leaving military service. The current study examines variables linking financial well-being to physical health in veterans and non-veterans and identifies financial variables related to veteran status.
methodsWe analyzed data from the nationally representative 2021 Survey of Household Economics and Decisionmaking conducted by the U.S. Federal Reserve Board and compared the responses of veterans (N = 1176) to a non-veteran sample matched by age, sex, education, race, ethnicity, and geographic region (N = 1176).
resultsMultivariable analyses revealed that although veterans and non-veterans were similar in many financial domains, veterans were more likely to spend money on the lottery and gambling, pay overdraft fees on bank accounts, and take out payday or pawn shop loans. Analyses showed over one-third (35%) of veterans reported credit card debt, significantly higher than non-veterans. In veterans and non-veterans, higher physical health ratings were related to higher income, lacking medical debt, living in a community of greater economic advantage, and having a rainy-day fund in case of financial emergencies. Ratings of one's credit score were also significantly associated with ratings of one's physical health, in both veterans and non-veterans.
conclusionsThe data pinpoint specific financial domains to inform policy, education, and outreach aimed at improving veterans' psychosocial well-being. The results also reveal that individual and environment-level financial variables were related to physical health in this national survey, demonstrating the value of assessing financial well-being in the context of medical care, for both veteran and non-veteran patients.
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