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How to Cover the Medical Costs of Hospitalization: a Theoretical Model Based on the Household Willingness to Pay

Author

Listed:
  • Amaïde Arsan Miriarison TSIKOMIA

    (Faculty of Law, Economics, Management and Sociology, University of Toliara – Madagascar)

  • Razvan STEFANESCU

    (Faculty of Economics and Business Administration, Dunarea de Jos University of Galati, Romania)

  • Daniela SARPE

    (Faculty of Economics and Business Administration, Dunarea de Jos University of Galati, Romania)

Abstract

Covering medical costs is very important, in order to solve the various financial problems that limit the users’ access to health care (patients attending the public hospitals). Designing a new model of financing system by using an additional levy to the local tax revenue is one of the solutions to these problems. This theoretical model optimizes the amount of financial participation of the users or "pfu" compared to the direct costs of hospital care starting from the willingness to pay revealed by the household. The criterion of morbidity for predicting the staffing of a part from the tax amount was chosen so that we can handle most of the users of the hospital. Firstly, the model shows that our new system could reduce the direct costs of care paid by users, and secondly, it also helps provide an additional resource in the supplementary budget of hospitals

Suggested Citation

  • Amaïde Arsan Miriarison TSIKOMIA & Razvan STEFANESCU & Daniela SARPE, 2012. "How to Cover the Medical Costs of Hospitalization: a Theoretical Model Based on the Household Willingness to Pay," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 133-138.
    • Handle: RePEc:ddj:fseeai:y:2012:i:2:p:133-138
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    File URL: http://www.ann.ugal.ro/eco/Doc2012.2/Tsikomia_Stefanescu_Sarpe.pdf
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    References listed on IDEAS

    as
    1. Mohamed Lamine Doumbouya, 2008. "Accessibilité des services de santé en Afrique de l'Ouest : le cas de la Guinée," Post-Print halshs-00229696, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Willingness-to-pay or WTP; Financing; Financial participation of the users; Covering of medical costs; Access to health care;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • H76 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other Expenditure Categories
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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