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Volume 06 Issue 11 November 2023

The Impact of Population Aging on the Balance of Medical Insurance Fund in Vietnam
Duc Trong Pham
University of Labour and Social Affairs, Hanoi, Vietnam, ORCID: https://orcid.org/0009-0009-2854-4150
DOI : https://doi.org/10.47191/ijmra/v6-i11-11

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ABSTRACT:

In recent years, Vietnam has made significant reforms to its health insurance system, resulting in great progress. However, changes in epidemiology and demographic shifts towards an aging population can impact the balance of the social medical insurance fund. Against this background, this paper aims to study the factors that affect the impact of population aging on the balance of the health insurance fund, by introducing seven mediating variables and subsequently analyzing the relationships between these variables to investigate the impact of population aging on the health insurance fund balance. The results indicate that population aging negatively affects the balance between revenue and expenditure of the medical insurance fund. Based on this analysis, we propose two corresponding recommendations to enhance fiscal sustainability: Enhancing healthcare resource efficiency and promoting economic development to increase income for workers.

KEYWORDS:

Aging. balance, burden, health insurance fund, population aging.

REFERENCES
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2) GSO (General Statistics Office) Vietnam. Statistics Yearbook of Vietnam for the years 2015, 2019, 2022. Statistics Publishing House. Hanoi.

3) ILO (International Labour Organization) (2014a). Maternity and Paternity at Work: Law and Practice across the World. Geneva: ILO.

4) ILO (International Labour Organization) (2023). ILO databases and resources. Accessed on Sep 28th, 2023. https://www.ilo.org/inform/online-information-resources/databases/lang--en/index.htm.

5) MOH (Ministry of Health) Vietnam. Vietnam Health Statistics Yearbook from 2015 to 2022. Medicine Publishing House. Hanoi.

6) MOH (Ministry of Health) Vietnam (2009). Standard No QCVN 02-2009/BYT. National technical regulation on Domestic Water Quality.

7) MOH (Ministry of Health) Vietnam (2011). Standard No QCVN 01:2011/BYT. National technical regulation on Hygienic conditions for Latrines.

8) MOH (Ministry of Health) Vietnam (2018). Standard No QCVN 01-1:2018/BYT. National technical regulation on Domestic Water Quality.

9) Tang, B. & Li, Z. (2022). A Country-Level Empirical Study on the Fiscal Effect of Elderly Population Health: The Mediating Role of Healthcare Resources. Healthcare 2022,10,30. MDPI. Basel, Switzerland. https://doi.org/ 10.3390/healthcare10010030

10) Teo, H.S., Bales, S., Bredenkamp, C., & Cain, J. S. (2019). The Future of Health Financing in Vietnam: Ensuring Sufficiency, Efficiency, and Sustainability. The World Bank. Washington DC. URI: http://hdl.handle.net/10986/32187.

11) Vietnam, Conclusion of the Politburo. No. 36-KL/TW. (2022). On ensuring water source security and safety of dams and reservoirs until 2030 with a vision to 2045. June 23, 2022. Hanoi.

12) VSS (Vietnam Social Security). Annual Reports on Work Results from 2015 to 2022.

13) WHO (World Health Organization) (2023). Health Expenditure Profile Vietnam. Accessed on Sep 2nd, 2023. https://apps.who.int/nha/database/country_profile/Index/en.

14) WB (World Bank) (2023). Global Health Expenditure Database. Accessed form Sep 2nd to Sep 30th, 2023. https://apps.who.int/nha/database/Select/Indicators/en.

15) WHO (World Health Organization) (2023). Health Expenditure Profile Vietnam. Accessed on Sep 2nd, 2023. https://apps.who.int/nha/database/country_profile/Index/en.
Volume 06 Issue 11 November 2023

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


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