Research On Effects Of Medical Insurance On Household Consumption Of Floating Population In Hunan Province

In recent years,in the background of China's New Normal,the domestic consumer demand is in a stable upward channel,the relative contribution of consumption to economic growth arrived 64.6 percent.As a special product in the process of industrialization and urbanization in China,the floating population has a huge consumption potential besides urban residents and rural residents.Therefore,study on the floating population's household consumption of the city,and explore the impact of medical insurance and other factors on the consumption level of the floating population family,can provide a reference for promoting the process of urbanization and the expansion of domestic demand.However,at present most domestic researches have mainly the following three weak points.Firstly,the existing researches focus on the effect of social security on Residents' consumption,few attention to the medical insurance,most are from the perspective of endowment insurance.Secondly,the empirical analysis about the floating population concentrated on the national level,or Beijing,Tianjin,Shanghai,Zhejiang and other eastern regions,the central region of the study on the floating population has not been carried out.Thirdly,the existing research ignored the difference between groups about the influence of medical insurance on the consumption.Therefore,based on the National Floating Population's Dynamic Monitoring Survey in 2015 and 2016,provided by the State Commission of population and family planning,this paper tries to analyze the effect of medical insurance on household consumption of floating population in Hunan Province,and then put forward the corresponding countermeasure and suggestion in order to improve the floating population's family lives in the destination combining the research conclusion.This paper firstly reviews the related literature at home and abroad,and explains the absolute income hypothesis,life cycle hypothesis theory.Then,based on the continuous time financial analysis,the theory of precautionary saving and the theory of behavioral life cycle,discuss the influence mechanism of medical insurance on floating population's consumption.then,the general situation of floating population in Hunan province is analyzed.Compares the different demographic and social economic characteristics and different cities of floating populaion family from medical insurance participation situation,comsumption level,consumption structure and the prosensity to consumption.About the empirical analysis.I using the multiple regression model.Examines the impact of medical insurance on the total monthly household consumption of floating population in Hunan province.And according to the income,the generation,the development orientation,the household registration of the floating population were classified,the different sub sample classification to verify the impact of medical insurance.Finally,the expenditure on food and housing expenditure was returned.The results shows that the different basic medical insurance have different effects on the consumption of floating population in Hunan Province,and the conclusion was vary with the floating population's home situation.As for the floating population of Hunan province overall,the New Rural Co-operative Medical Insurance and the Urban Residents Basic Medical Insurance promote the consumption,the insured medical insurance for urban workers control the consumption.The impact of medical insurance is the biggest on housing expenses relative to other sub consumption,medical insurance for urban workers significantly restain the food consumption and promote the other expenditure.To the floating population families with different income,the impact of new rural cooperative medical system is biggest on the middle income group.And with the increase of income level,the restain of medical insurance for urban workers on consumption gradually increased.According to the different generation,development orientation,the household,there are differences influence of different medical insurance on household consumption of floating population in Hunan province.Also,economic factors,marriage and other demographic characteristics,institutional constraints,human capital,family life cycle,etc.,have a certain impact on the household consumption of floating population in Hunan province.At last,on the basis of the above findings,we put forward several countermeasures and policy suggestions to improve the floating population's family lives and optimize the consumption structure in the destination.