Author(s)

Huidan Xu, Li Tian

Corresponding Author

Huidan Xu

Abstract

China's Commercial Health Insurance Started in the 1980s, and Its Early Development Process Was Relatively Slow, and It Entered a New Stage of Development in the 21st Century. in Recent Years, the Scale of China's Commercial Health Insurance Has Continued to Expand, But Compared with Mature Markets, There is Still a Huge Gap and Room for Development. This Paper Uses the Two-Stage Least Squares Method of Adding Instrumental Variables through the China Family Financial Survey Database Chfs of Southwestern University of Finance and Economics, Empirically Analyzes the Impact of Commercial Health Insurance Purchase on China's Residents' Consumption, and Explores Commercial Health Insurance by Splitting Consumer Spending. the Impact on Different Types of Consumption and Consumption Structure Proves That the Purchase of Commercial Health Insurance Can Significantly Promote households’ Consumption.

Keywords

Commercial Health Insurance; Household’s Consumption; Consumption Structure