Reports from Seoul National University Provide New Insights into Health Insurance (Health Insurance and Poverty in Trajectories of Out-of-Pocket…

Reports from Seoul National University Provide New Insights into Health Insurance (Health Insurance and Poverty in Trajectories of Out-of-Pocket Expenditure among Low-Income Middle-Aged Adults)

By a News Reporter-Staff News Editor at Managed Care Weekly Digest -- Investigators publish new report on Health Insurance. According to news originating from Seoul, South Korea, by NewsRx correspondents, research stated, "To assess the effects of longitudinal patterns of health insurance and poverty on out-of-pocket expenditures among low-income late middle-aged adults. Six waves (2002-2012) of the Health and Retirement Study, in combination with RAND Center for the Study of Aging data, were used."

Financial supporters for this research include Social Science of Seoul National University, George Warren Brown School of Washington University in St. Louis (see also Health Insurance).

Our news journalists obtained a quote from the research from Seoul National University, "A random coefficient regression analysis was conducted in a multilevel growth curve framework to estimate the impact of health insurance and poverty on out-of-pocket expenditures. At baseline, individuals with private insurance or unstable coverage were more likely to have out-of-pocket expenditures and financial burdens than public insurance holders. Over time, the poor who had no insurance, unstable coverage, or insurance type change had higher out-of-pocket expenditures; private coverage holders had higher odds of financial burden. Unstable insurance coverage had a discernible effect on the long-term, out-of-pocket expenditures among low-income adults."

According to the news editors, the research concluded: "Findings have an important policy implication to protect poor late middle-aged population; as this population enters old age, the high financial burden it faces may exacerbate persistent socioeconomic health disparity among older people with unstable insurance coverage."

For more information on this research see: Health Insurance and Poverty in Trajectories of Out-of-Pocket Expenditure among Low-Income Middle-Aged Adults. Health Services Research, 2018;():. Health Services Research can be contacted at: Blackwell Publishing Inc, 350 Main St, Malden, MA 02148, USA. (Wiley-Blackwell - www.wiley.com/; Health Services Research - onlinelibrary.wiley.com/journal/10.1111/(ISSN)1475-6773)

The news correspondents report that additional information may be obtained from E. Kwon, Center for Social Science, Seoul National University, Seoul, South Korea. Additional authors for this research include S. Park and T.D McBride.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1111/1475-6773.12974. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

The publisher's contact information for the journal Health Services Research is: Blackwell Publishing Inc, 350 Main St, Malden, MA 02148, USA.

Keywords for this news article include: Asia, Seoul, South Korea, Health Insurance, Health and Medicine, Investment and Finance.

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