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The effect of publishing hospital charges on healthcare costs: Evidence from Singapore

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  • Parinduri, Rasyad

Abstract

This paper examines the effect of publishing hospital charges on healthcare costs. We compare hospital charges before and after Singapore's Ministry of Health started publishing the statistics of hospital charges on its website in the late 2003. We do not find evidence of a decrease in healthcare costs. However, we find some evidence of an increase in cost dispersion, a decrease in patients' length of stay at hospitals, and an increase in hospital care cost per day.

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File URL: http://mpra.ub.uni-muenchen.de/39676/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 39676.

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Date of creation: 2012
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Handle: RePEc:pra:mprapa:39676

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Keywords: hospital charges publication; healthcare costs; cost dispersion; Singapore;

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  1. George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69, pages 213.
  2. Steven Salop & Joseph Stiglitz, 1977. "Bargains and ripoffs: a model of monopolistically competitive price dispersion," Special Studies Papers 94, Board of Governors of the Federal Reserve System (U.S.).
  3. Brown, Jeffrey, 2000. "Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry," Working Paper Series rwp00-007, Harvard University, John F. Kennedy School of Government.
  4. Stahl, Dale O, II, 1989. "Oligopolistic Pricing with Sequential Consumer Search," American Economic Review, American Economic Association, vol. 79(4), pages 700-712, September.
  5. Eugene Orlov, 2011. "How Does The Internet Influence Price Dispersion? Evidence From The Airline Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 59(1), pages 21-37, 03.
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