The impact of COVID-19 pandemic on insurance demand: the case of China

Qian, Xianhang

doi:10.1007/s10198-021-01344-7

Cited by 19 publications

(9 citation statements)

References 31 publications

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“…Meanwhile, residents' awareness of purchasing insurance is strengthened with the spread of the pandemic. For example, the COVID-19 outbreak and spread encourage people to concern more on their health, increasing the demand for insurance to transfer risk ( Qian, 2021 ).…”

Section: Empirical Findingsmentioning

confidence: 99%

How does China's stock market react to supply chain disruptions from COVID-19?

Wang

Dong

Liu

2022

International Review of Financial Analysis

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Section: Empirical Findingsmentioning

confidence: 99%

How does China's stock market react to supply chain disruptions from COVID-19?

Wang

Dong

Liu

2022

International Review of Financial Analysis

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“…** indicates 5% significant level, ***indicates 1% significant level. From the table, it shows one unit increase in cumulative confirmed case is associate with 0.896 Yuan per capita insurance revenue with 5% level of significance [7].…”

Section: The Positive Long-term Effect For Whole Insurance Marketmentioning

confidence: 91%

The Impact of Covid-19 on Chinese Insurance Market

Huang¹

2022

Atlantis Highlights in Intelligent Systems

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In 2020, the Covid-19 spreads around the world, this research focuses on the influences of Covid on the Chinese insurance market. By using theoretical and data analysis, this study finds that this pandemic has negative impact on the market in the short term. There is a sharp decrease in the total premium collected for both social and commercial insurance. However, they rebound in the midterm, when China has control over the spread of the epidemic and resurgence of social activities. In the long term, Covid has a positive effect on the insurance market. People have reduced their prejudice against insurance after the Initiatives of insurance companies in times of this crisis. Furthermore, market is aware of their high dependence on offline sales and imperfection of online platforms. In addition, it also increases the demand of public to purchase insurance.

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“…CPG availability is also highly dependent on the speed of adjustment to changes in the profile of patient visits to the hospital [4,5] because the need for types of CPG can change in a disaster or pandemic condition [3,9]. Changes in the profile of hospital visits are due to restrictions on admitting patients for nonemergency cases, fear of patients being infected in hospitals, and restrictions on social interaction by the government [10][11][12][13][14][15][16][17][18].…”

Section: Introductionmentioning

confidence: 99%

Pediatric Residency Training amid the COVID-19 Pandemic: Exploring the Impact of Supervision and Clinical Practice Guidelines on Clinical and Financial Outcomes

Endaryanto

Dewi

Kusbaryanto

et al. 2022

Computational and Mathematical Methods in Medicine

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Objective. This study is aimed at calculating the magnitude of the effect of clinical practice guidelines (CPG) and supervision in inhibiting the negative impact of the COVID-19 pandemic on clinical and financial outcomes of non-COVID-19 inpatient care by pediatric residents in academic medical center (AMC) hospitals during the COVID-19 pandemic. Methods. The cohort retrospective study was conducted. This study collected patient data from pediatric residency programs. A research cohort consisted of non-COVID-19 pediatric patients at Dr. Soetomo General Academic Hospital. This study compared the subgroup of patients treated during the pandemic with those treated before the pandemic. The results were analyzed using SPSS 26.0 and Smart-PLS. Results. There was a 41.4% decrease in pediatric inpatients during the pandemic with an increased severity level and complexity level, a reduction of 7.46% availability of supervisors, an increase of 0.4% in readmission < 30 days, an increase of 0.31% in-hospital mortality, an increase the total costs of care, and a decrease of insurance claim profit. CPG did not moderate the effect of the COVID-19 pandemic on the clinical outcomes ( β = − 0.006 , P = 0.083 ) but moderated the financial outcomes ( β = − 0.022 , P = 0.000 ), by reducing the total cost of care and increasing insurance claim profit. Supervision moderated the effect of the COVID-19 pandemic on the clinical outcomes ( β = 0.040 , P = 0.000 ) by increasing aLOS and on the financial outcomes ( β = − 0.031 , P = 0.000 ) by reducing the total cost of care and increasing insurance claim profit. This study model had a 24.0% variance of explanatory power for clinical outcomes and 49.0% for financial outcomes. This study’s structural model effectively predicted clinical outcomes ( Q 2 = 0.238 ) and financial outcomes ( Q 2 = 0.413 ). Conclusion. Direct supervision inhibited the negative impact of the COVID-19 pandemic on both clinical and financial outcomes of non-COVID-19 inpatient care by pediatric residents, while CPG only inhibited the negative impact on financial outcomes. Implication of This Study. In a disaster, the availability of CPG and direct supervision makes AMC hospitals able to inhibit the negative impact of disasters on clinical and financial outcomes.

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The impact of COVID-19 pandemic on insurance demand: the case of China

Cited by 19 publications

References 31 publications

How does China's stock market react to supply chain disruptions from COVID-19?

How does China's stock market react to supply chain disruptions from COVID-19?

The Impact of Covid-19 on Chinese Insurance Market

Pediatric Residency Training amid the COVID-19 Pandemic: Exploring the Impact of Supervision and Clinical Practice Guidelines on Clinical and Financial Outcomes

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