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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.

Suggested Citation

  • Parinduri, Rasyad, 2012. "The effect of publishing hospital charges on healthcare costs: Evidence from Singapore," MPRA Paper 39676, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:39676
    as

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    File URL: https://mpra.ub.uni-muenchen.de/39676/1/MPRA_paper_39676.pdf
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    References listed on IDEAS

    as
    1. Steven Salop & Joseph Stiglitz, 1977. "Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion," Review of Economic Studies, Oxford University Press, vol. 44(3), pages 493-510.
    2. Jeffrey R. Brown & Austan Goolsbee, 2002. "Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry," Journal of Political Economy, University of Chicago Press, vol. 110(3), pages 481-507, June.
    3. 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, March.
    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. George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69, pages 213-213.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

    JEL classification:

    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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