The Largest Insurance Expansion in History – Healthcare Economist

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The Largest Insurance Expansion in History – Healthcare Economist


That is the title of an necessary paper by Jonathan Gruber, Mengyun Lin & Junjian Yi. The summary is beneath:

The New Cooperative Medical Scheme (NCMS) rolled out in China from 2003-2008 supplied insurance coverage to 800 million rural Chinese. We mix mixture mortality information with particular person survey information, and determine the affect of the NCMS from program rollout and heterogeneity throughout areas of their rural share. We discover that there was a big decline in mixture mortality, with this system saving a couple of million lives per yr at its peak, and explaining 78% of the whole improve in life expectancy in China over this era. We verify these mortality results utilizing micro-data on mortality, different well being outcomes, and utilization.

The Largest Insurance Expansion in History – Healthcare Economist
https://www.nber.org/system/files/working_papers/w31423/w31423.pdf

Perhaps it might not surpise you that the subtitle of this text is “Saving One Million Lives Per Year in China

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