Effects of Recent Carrot-and-Stick Policy Initiatives on Private Health Insurance Coverage in Australia
AbstractThe Australian government implemented a sequence of new policies during 1997-2000 and raised the take-up rate of private health insurance (PHI) by 35 per cent. Because they were implemented sequentially, their individual effectiveness is not quite clear. We isolate the effects of Lifetime Health Cover (LHC) introduced at the last stage of the sequence using a counterfactual analysis of PHI demand with and without the new policies. Unlike earlier studies which attributed the bulk of the increase in PHI coverage to LHC, we find LHC may only account for as low as 42 per cent and no more than 75 per cent of the increase. Copyright 2005 The Economic Society Of Australia.
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Bibliographic InfoArticle provided by The Economic Society of Australia in its journal The Economic Record.
Volume (Year): 81 (2005)
Issue (Month): 254 (09)
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Other versions of this item:
- Alfons Palangkaraya & Jongsay Yong, 2004. "Effects of Recent Carrot-and-Stick Policy Initiatives on Private Health Insurance Coverage in Australia," Melbourne Institute Working Paper Series wp2004n20, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Alfons Palangkaraya & Jongsay Yong, 2007.
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