Understanding household healthcare expenditure can promote health policy reform

Name: Understanding household healthcare expenditure can promote health policy reform
Author: Best, R., Tuncay Alpanda, Berna

İsim	Understanding household healthcare expenditure can promote health policy reform
Yazar	Best, R., Tuncay Alpanda, Berna
Basım Tarihi:	2023
Basım Yeri	- Cambridge University Press
Konu	Financial assets, Health expenditure, Health policy, Income, Means testing, Private health insurance, Wealth
Tür	Süreli Yayın
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	1744-1331
Kayıt Numarası	80f17ed6-9f63-4839-82b7-640b60d0f402
Lokasyon	Economics
Tarih	2023
Örnek Metin	Studies of health care expenditure often exclude explanatory variables measuring wealth, despite the intuitive importance and policy relevance. We use the Household, Income and Labour Dynamics in Australia Survey to assess impacts of income and wealth on health expenditure. We investigate four different dependent variables related to health expenditure and use three main methodological approaches. These approaches include a first difference model and introduction of a lagged dependent variable into a cross-sectional context. The key findings include that wealth tends to be more important than income in identifying variation in health expenditure. This applies for health variables which are not directly linked to means testing, such as spending on health practitioners and for being unable to afford required medical treatment. In contrast, the paper includes no evidence of different impacts of income and wealth on spending on medicines, prescriptions or pharmaceuticals. The results motivate two novel policy innovations. One is the introduction of an asset test for determining rebate eligibility for private health insurance. The second is greater focus on asset testing, rather than income tests, for a wide range of general welfare payments that can be used for health expenditure. Australia's world-leading use of means testing can provide a test case for many countries.
DOI	10.1017/S1744133123000129

Kaynağa git Özyeğin Üniversitesi

Aramaya Dön

Özyeğin Üniversitesi

Kaynağa git

Understanding household healthcare expenditure can promote health policy reform

Yazar Best, R., Tuncay Alpanda, Berna

Basım Tarihi 2023

Basım Yeri - Cambridge University Press

Konu Financial assets, Health expenditure, Health policy, Income, Means testing, Private health insurance, Wealth

Tür Süreli Yayın

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 1744-1331

Kayıt Numarası 80f17ed6-9f63-4839-82b7-640b60d0f402

Lokasyon Economics

Tarih 2023

Örnek Metin Studies of health care expenditure often exclude explanatory variables measuring wealth, despite the intuitive importance and policy relevance. We use the Household, Income and Labour Dynamics in Australia Survey to assess impacts of income and wealth on health expenditure. We investigate four different dependent variables related to health expenditure and use three main methodological approaches. These approaches include a first difference model and introduction of a lagged dependent variable into a cross-sectional context. The key findings include that wealth tends to be more important than income in identifying variation in health expenditure. This applies for health variables which are not directly linked to means testing, such as spending on health practitioners and for being unable to afford required medical treatment. In contrast, the paper includes no evidence of different impacts of income and wealth on spending on medicines, prescriptions or pharmaceuticals. The results motivate two novel policy innovations. One is the introduction of an asset test for determining rebate eligibility for private health insurance. The second is greater focus on asset testing, rather than income tests, for a wide range of general welfare payments that can be used for health expenditure. Australia's world-leading use of means testing can provide a test case for many countries.

DOI 10.1017/S1744133123000129