The Impact of the Long-Term Care Insurance on the Medical Expenses and Health Status in China

Frontiers in Public Health

article

Yao Tang¹  Tianran Chen¹  Yuan Zhao²  Farhad Taghizadeh-Hesary³ 

[1] School of Public Administration, Zhejiang University of Finance and Economics;School of International Business, Southwestern University of Finance and Economics;School of Global Studies, Tokai University;TOKAI Research Institute for Environment and Sustainability

关键词: Long-Term Care Insurance;    medical expenses;    health status;    difference-in-difference method;    medical reform;   

DOI  :  10.3389/fpubh.2022.847822

学科分类：社会科学、人文和艺术（综合）

来源: Frontiers

【 摘 要 】

Based on the panel data of China Health and Retirement Longitudinal Study (CHARLS) in 2011, 2015, and 2018, this paper used the difference-in-difference (DID) method to evaluate the implementation effect how the Long-Term Care Insurance (LTCI) policy impacted on the medical expenses and the health status of the middle-aged and elder population. The empirical results show that LTCI has reduced the outpatient and inpatient quantity by 0.1689 and 0.1093 per year, and cut the outpatient and inpatient expenses by 23.9% and 19.8% per year. Moreover, the implementation of LTCI has improved the self-rated health, the activity of daily living (ADL), as well as the mental health. These conclusions verify the implementation value of LTCI system and provide policy implications for the medical reform and the further LTCI implementation in a larger scale.

【 授权许可】

CC BY