Will the Economic Recession Inhibit the Out-of-Pocket Payment Willingness for Health Care?

economic recession financial crisis health care out-of-pocket payment willingness

Journal

International journal of environmental research and public health
ISSN: 1660-4601
Titre abrégé: Int J Environ Res Public Health
Pays: Switzerland
ID NLM: 101238455

Informations de publication

Date de publication:
22 01 2020
Historique:
received: 04 12 2019
revised: 10 01 2020
accepted: 16 01 2020
entrez: 26 1 2020
pubmed: 26 1 2020
medline: 18 9 2020
Statut: epublish

Résumé

We used an individual regression and panel data regression method to analyze the samples of 60 countries from 2000 to 2016 to study the impact of the economic recession on residents' out-of-pocket payment willingness for health care. Although we found an increase in the willingness during the economic recession in most countries, we couldn't find significant evidence of a positive relationship between the economic recession and such willingness. We discovered that the relationship differentiates in different countries, which mainly depends on the differences in the medical systems and degree of economic development. By controlling individual differences in countries, we found that the economic recession inhibited the out-of-pocket payment willingness for health care. Especially after the impact of the financial crisis in 2008, the cumulative effect of the economic recession and the aftershock of financial crisis was discovered, which significantly inhibited residents' willingness. In addition, we verified that the economic recession inhibited the out-of-pocket payment willingness by reducing employee compensation in specific types of countries.

Identifiants

pubmed: 31979072
pii: ijerph17030713
doi: 10.3390/ijerph17030713
pmc: PMC7037644
pii:
doi:

Types de publication

Journal Article Research Support, Non-U.S. Gov't

Langues

eng

Sous-ensembles de citation

IM

Déclaration de conflit d'intérêts

The authors declare no conflicts of interest.

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Auteurs

Yuhang Zheng (Y)

School of Finance and Collaborative Innovation Center of Scientific Finance & Industry, Guangdong University of Finance & Economics, Guangzhou 510320, China.

Zhehao Huang (Z)

Guangzhou International Institute of Finance, Guangzhou University, Guangzhou 510405, China.

Tianpei Jiang (T)

School of Information Science and Technology, ShanghaiTech University, Shanghai 201210, China.

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Classifications MeSH