Financial protection effects of private health insurance: experimental evidence from Chinese households with resident basic medical insurance.

ABSTRACT:

Background

After achieving universal basic medical insurance coverage, Chinese government put the development of private health insurance (PHI) on its agenda to further strengthen financial risk protection. This paper aims to assess the level of financial protection that PHI provides for its insured households on the basis of resident basic medical insurance (RBMI).

Methods

We employed balanced panel data collected between 2015 and 2017 from the China Household Finance Survey (CHFS). Catastrophic health expenditure (CHE) and impoverishment due to health spending were applied to measure the financial protection effects. Random effects panel logistic regression model was performed to identify the factors associated with CHE and impoverishment among households covered by RBMI.

SUBMITTER: Fu XZ 

PROVIDER: S-EPMC8130397 | biostudies-literature | 2021 May

REPOSITORIES: biostudies-literature