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| Tekijä: | Ii, M. Ohkusa, Y. |
| Otsikko: | Should the Coinsurance Rate Be Increased in the Case of the Common Cold? An Analysis Based on an Original Survey |
| Lehti: | Journal of the Japanese and International Economies
2002 : SEP, VOL. 16:3, p. 353-371 |
| Asiasana: | JAPAN MEDICINE MEDICAL CARE DEMAND INSURANCE |
| Kieli: | eng |
| Tiivistelmä: | This article examines the choice of health care in Japan by patients suffering from the common cold. Original data were obtained from a survey conducted by the authors. Empirical results show that the price elasticity of demand for medical services is between 0.23 and 0.36. This estimated price elasticity suggests that if the new medical insurance reform plan were to increase the coinsurance rate by 10% both for those insured and for their dependants, national medical costs may be reduced by, at most, 43 billion yen (USD 358 million); correspondingly, this could increase the demand for over- the-counter (OTC) medicine by, at most, 8.8 billion yen (USD 73.3 million). This result implies that medical services and OTC medications are substitutes. |
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