Exposure to Abnormally Hot Temperature and the Demand for Commercial Health Insurance

Frontiers in Public Health

article

Qian Zhong¹  Hao Zhang¹  Xiaoke Sun² 

[1] Department of Financial Engineering, School of Finance, Guangdong University of Foreign Studies;Department of Insurance, School of Finance, Guangdong University of Foreign Studies

关键词: abnormal high temperature;    commercial health insurance;    residents' health;    global warming;    Charls;   

DOI  :  10.3389/fpubh.2022.842665

学科分类：社会科学、人文和艺术（综合）

来源: Frontiers

【 摘 要 】

Using the China Health and Retirement Longitudinal Study, this paper studies the impact of abnormal hot temperature on residents' demand for commercial health insurance. The results show that for every 1°F rise in abnormal temperature, the probability of people buying commercial health insurance increased by 6%. Furthermore, the abnormal hot temperature has a more significant impact on the commercial health insurance demand of women, residents in the South and residents in the East. Channel analysis shows that abnormal hot temperature affects the demand for commercial health insurance through two channels: increasing residents' concern about climate risk and affecting health. This paper provides evidence for actively promoting sustainable development and improving the construction of medical security system.

【 授权许可】

CC BY