Does Digital Inclusive Finance Facilitate the Development of Urban Medical Insurance?

Abstract

China clearly states that efforts should be made to build a Healthy China, with the medical security system being an important institutional guarantee for achieving people’s health. Based on the panel data of 30 provinces in China from 2012 to 2022, this paper uses the mediation effect model to conduct an empirical study on whether digital inclusive finance can promote the development of urban medical insurance. The conclusion proves that digital inclusive finance has a significant promoting effect on urban medical insurance and can increase the number of insured people by increasing the disposable income of urban residents. At the same time, digital inclusive finance has a significant promoting effect on both urban employees and urban residents. The expansion of its coverage, the deepening of its usage, and the digital transformation of urban areas have encouraged more people to participate in basic medical insurance. The conclusion of this paper aims to provide certain reference and inspiration for promoting the development of urban basic medical insurance in China.