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Medientyp:
E-Book
Titel:
Would Allowing Privately Funded Health Care Reduce the Public Waiting Time? Theory and Empirical Evidence from Canadian Joint Replacement Surgery Data
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 29, 2012 erstellt
Beschreibung:
This paper develops a theoretical model and then, using Canadian joint replacement surgery data, empirically tests the relationship between government policies that promote privately funded health care and patients' waiting time in the public health care system. Two policies are tested: one policy allows opt-out physicians to extra-bill private patients, and the other provides public subsidies to private care. We find that that both policies are associated with shorter waiting time, and that the subsidy policy appears to be more effective in waiting time reduction than the extra-billing policy. Our finding is consistent with a dominant demand-side effect in that these policies would give patients an incentive to opt out of the public health system, while appearing not to reduce the provision of public care very much