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Consumer Preferences for Health Care Reform Options
Author(s) -
HONG GONGSOOG,
WHITEMEANS SHELLEY I.
Publication year - 1999
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/j.1745-6606.1999.tb00069.x
Subject(s) - subsidy , business , self insurance , health care , group insurance , health insurance , actuarial science , insurance policy , public economics , general insurance , income protection insurance , economics , economic growth , market economy
This study uses the 1992 Health and Retirement Study to examine consumer preferences for four health care reform options: tax‐financed national health insurance, personally subsidized Medicare extensions, publicly subsidized nursing home insurance, and tax credits for health insurance purchases. Males, non‐Caucasians, the self‐employed, those in excellent health, and those who reside in the Northeast favor national health insurance, while those with high levels of liquid and non‐liquid assets tend to disfavor it. Males and those with higher expectations of living in nursing homes tend to favor personally subsidized Medicare extensions to cover nursing homes and home health care. Those with higher expectations of living in nursing homes also favor publicly subsidized nursing home insurance. Relatively little support for subsidized nursing home insurance is found among males and those with high levels of liquid and non‐liquid assets. The self‐employed tend to support tax credits for health insurance premiums.