Public Medical Insurance Reforms in China, 1st ed. 2022

This book investigates public medical insurance reform in China and studies its effects from both institutional and empirical study perspectives. It provides the reader with academic evidence for understanding the transformation of public medical insurance and its effect on the utilization of healthcare services, expenditure for medical care, individuals? financial portfolio allocation, and well-being. The main content of the book comprises two parts. First, institutional transformations of public medical insurance are considered: medical insurance reform in rural and urban China, and problems of medical insurance reform in the country. Second, it looks at the impact of public medical insurance reforms in China: evidence-based on empirical studies, including determinants of participation in medical insurance, the New Rural Cooperative Medical Scheme and its effects on the utilization of healthcare services, medical insurance and its effects on out-of-pocket expenditure, risky financial market participation, and well-being in China. This study provides academic evidence about these issues based on economic theories and econometric methods using many kinds of nationwide Chinese representative survey data. The book is highly recommended to readers who are interested in up-to-date and in-depth empirical studies on the mechanisms of participation in medical insurance and the impact of public medical insurance reforms on individuals and household behaviors in China. This volume will be of interest to those who are interested in the Chinese economy, social security policymakers, and scholars with an econometric analysis background.

Part I Institutional Transformations of Public Medical Insurances

Chapter2 Medical Insurances Reform in Rural China

Chapter3 Medical Insurances Reform in Urban China

Chapter4 Problems of Medical Insurance Reform in China

Part II Impacts of Public Medical Insurance Reform in China: Evidence Based on Empirical Studies

Chapter5 Determinants of Participation in Medical Insurances in Urban China

Chapter6Determinants of Participation in Medical Insurances: Comparison between Urban and Rural Residents

Chapter7 New Rural Cooperative Medical Scheme and Its Effects on the Utilization of Healthcare Service

Chapter8Medical Insurance and Out-of-Pocket Expenditure for Medical Care

Chapter9 Medical Insurances and Risky Financial Market Participation

Chapter10 Public Medical Insurances and Subjective Well-being in Rural China

Introduces the institutional transformation process of public medical insurance reforms in China

Evaluates the impact of public medical insurance on the healthcare service and well-being in China

Evidence-based econometric analyses by using long-term Chinese nationwide household survey data