Data from Zhejiang University of Finance and Economics Provide New Insights into Public Health (The Impact of the Long-Term Care Insurance on the Medical Expenses and Health Status in China): Health and Medicine – Public Health

2022 MAY 25 (NewsRx) -- By a News Reporter-Staff News Editor at Hospital & Nursing Home Daily -- Investigators publish new report on public health. According to news reporting originating from Hangzhou, People’s Republic of China, by NewsRx correspondents, research stated, “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.”

Our news reporters obtained a quote from the research from Zhejiang University of Finance and Economics: “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.”

According to the news editors, the research concluded: “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.”

For more information on this research see: The Impact of the Long-Term Care Insurance on the Medical Expenses and Health Status in China. Frontiers in Public Health, 2022,10. (Frontiers in Public Health - http://journal.frontiersin.org/journal/public-health). The publisher for Frontiers in Public Health is Frontiers Media S.A.

A free version of this journal article is available at https://doi.org/10.3389/fpubh.2022.847822.

Our news journalists report that more information may be obtained by contacting Yao Tang, School of Public Administration, Zhejiang University of Finance and Economics, Hangzhou, People’s Republic of China. Additional authors for this research include Tianran Chen, Yuan Zhao, Farhad Taghizadeh-Hesary. Our reports deliver fact-based news of research and discoveries from around the world.