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Does media-based health risk communication affect commercial health insurance demand? Evidence from China

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  • Lifei Gao
  • Jing Guan
  • Guojun Wang

Abstract

In recent years, the mass media (such as TV shows and movies) plays an important role in communication with the general public. In this paper, we investigate the impact of a recent movie from China, ‘Dying to Survive’, on the demand for commercial health insurance. To explore this impact, a fixed-effect model and instrumental variable estimation are utilized, and the causal effect of movie-based health risk communication on commercial health insurance demand is studied. The result shows that the cumulative box office value of a movie has a significantly positive impact on the income from commercial health insurance premium, with a one- or two-day lag. This movie has encouraged viewers to purchase short-term commercial health insurance rather than long-term insurance. In addition, the heterogeneity of the impact exists for movie arrangement rate, average family size, urbanization rate, medical resource level, and per capita disposable income. The results show that sufficient health risk communication can improve the social ‘visibility’ of health risk.

Suggested Citation

  • Lifei Gao & Jing Guan & Guojun Wang, 2022. "Does media-based health risk communication affect commercial health insurance demand? Evidence from China," Applied Economics, Taylor & Francis Journals, vol. 54(18), pages 2122-2134, April.
    • Handle: RePEc:taf:applec:v:54:y:2022:i:18:p:2122-2134
    DOI: 10.1080/00036846.2021.1985071
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    Cited by:

    1. Xiaodan Wang & Huiqing Tan & Jing Liu, 2024. "RETRACTED ARTICLE: The impact of air pollution on commercial health insurance demand amidst China's green transition," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-19, April.
    2. Ling Tian & Haisong Dong, 2023. "Study on the Dynamic Relationship between Chinese Residents’ Individual Characteristics and Commercial Health Insurance Demand," IJERPH, MDPI, vol. 20(6), pages 1-20, March.

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