A Forward looking Research into the Medical System Reform in China:Integration of New Hospitalization Insurance--An Analysis Paradigm Based on Enterprise Transaction Cost Theory
A Forward looking Research into the Medical System Reform in China:Integration of New Hospitalization Insurance--An Analysis Paradigm Based on Enterprise Transaction Cost Theory
MA Ben jiang
(School of Business, Central South University, Changsha 410083, China)
Abstract The essence of medical reform is to set up a medicalservice pricing mechanism which can minimize transaction costs so that the quality and the costs of medical service can be reflected by its price accurately and approximately. When hospital nowadays provides medical service, whether the service suppliers apply market mechanism or administration mechanism, price distortions exist.When the hospital expands to supply not only medical service, but also medical insurance and disability insurance due to illness, that is, the integration of new hospitalization insurance, drug bills and disability due to illness costs canbe internalized and price distortions can be solved as well. If service suppliers adopt administration mechanism, even though the integration of new hospitalization insurance is implemented, it can not solve price distortions in essence, and should be excluded. It is concluded that under the premise of service suppliers adopting market mechanism, the integration of new hospitalization insurance isworth considering as a possible model of medical reform.
MA Ben-Jiang. A Forward looking Research into the Medical System Reform in China:Integration of New Hospitalization Insurance--An Analysis Paradigm Based on Enterprise Transaction Cost Theory. Economic Survey, 2011, 28(1): 094.
2011, Vol. 28 
