EconPapers    
Economics at your fingertips  
 

The impact of private hospital insurance on utilization of hospital care in Australia: Evidence from the national health survey

Damien Eldridge (), Koç, Cagatay, Ilke Onur () and Malathi Velamuri

No 1674, Working Paper Series from Victoria University of Wellington, School of Economics and Finance

Abstract: We estimate the impact of private hospital insurance on utilization of hospital care services in Australia. We employ the two-stage residual inclusion approach to address the endogeneity of private insurance. We calculate moral hazard based on a difference-of-means estimator. Our three-stage estimation framework provides evidence of selection into private hospital insurance. We find strong evidence of moral hazard when we treat hospital insurance as exogenous. After controlling for the endogeneity of hospital insurance, we find robust evidence of substitution from public to private hospital care but no evidence of ex-post moral hazard in the number of nights spent in hospital.

Keywords: Health Insurance; Health Care Consumption; Moral Hazard (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-cta, nep-hea and nep-ias
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://researcharchive.vuw.ac.nz/handle/10063/1674

Related works:
Working Paper: The Impact of Private Hospital Insurance on Utilization of Hospital Care in Australia: Evidence from the National Health Survey (2011) Downloads
Working Paper: The Impact of Private Hospital Insurance on Utilization of Hospital Care in Australia: Evidence from the National Health Survey (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwecf:1674

Access Statistics for this paper

More papers in Working Paper Series from Victoria University of Wellington, School of Economics and Finance Alice Fong, Administrator, School of Economics and Finance, Victoria Business School, Victoria University of Wellington, PO Box 600 Wellington, New Zealand. Contact information at EDIRC.
Bibliographic data for series maintained by Library Technology Services ().

 
Page updated 2020-10-25
Handle: RePEc:vuw:vuwecf:1674