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

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ID: 87211
2020
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Ranked #188 of 862 articles by views in International journal of environmental research and public health

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Abstract
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.
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zheng2020willinternational Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Zheng, Yuhang;Huang, Zhehao;Jiang, Tianpei;
Journal International journal of environmental research and public health
Year 2020
DOI
E713
URL
Keywords
health care financial crisis economic recession out-of-pocket payment willingness

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