| Title |
China’s medical savings accounts: an analysis of the price elasticity of demand for health care
|
|---|---|
| Published in |
HEPAC Health Economics in Prevention and Care, September 2016
|
| DOI | 10.1007/s10198-016-0827-9 |
| Pubmed ID | |
| Authors |
Hao Yu |
| Abstract |
Although medical savings accounts (MSAs) have drawn intensive attention across the world for their potential in cost control, there is limited evidence of their impact on the demand for health care. This paper is intended to fill that gap. First, we built up a dynamic model of a consumer's problem of utility maximization in the presence of a nonlinear price schedule embedded in an MSA. Second, the model was implemented using data from a 2-year MSA pilot program in China. The estimated price elasticity under MSAs was between -0.42 and -0.58, i.e., higher than that reported in the literature. The relatively high price elasticity suggests that MSAs as an insurance feature may help control costs. However, the long-term effect of MSAs on health costs is subject to further analysis. |
X Demographics
The data shown below were collected from the profiles of 2 X users who shared this research output. Click here to find out more about how the information was compiled.
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| Ireland | 1 | 50% |
| Unknown | 1 | 50% |
Demographic breakdown
| Type | Count | As % |
|---|---|---|
| Members of the public | 2 | 100% |
Mendeley readers
The data shown below were compiled from readership statistics for 23 Mendeley readers of this research output. Click here to see the associated Mendeley record.
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| Unknown | 23 | 100% |
Demographic breakdown
| Readers by professional status | Count | As % |
|---|---|---|
| Student > Master | 5 | 22% |
| Researcher | 3 | 13% |
| Student > Ph. D. Student | 3 | 13% |
| Student > Bachelor | 1 | 4% |
| Librarian | 1 | 4% |
| Other | 0 | 0% |
| Unknown | 10 | 43% |
| Readers by discipline | Count | As % |
|---|---|---|
| Nursing and Health Professions | 2 | 9% |
| Economics, Econometrics and Finance | 2 | 9% |
| Medicine and Dentistry | 2 | 9% |
| Business, Management and Accounting | 1 | 4% |
| Psychology | 1 | 4% |
| Other | 3 | 13% |
| Unknown | 12 | 52% |
Attention Score in Context
This research output has an Altmetric Attention Score of 1. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 24 September 2016.
All research outputs
#17,285,036
of 25,373,627 outputs
Outputs from HEPAC Health Economics in Prevention and Care
#919
of 1,303 outputs
Outputs of similar age
#213,062
of 327,893 outputs
Outputs of similar age from HEPAC Health Economics in Prevention and Care
#17
of 23 outputs
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