ERIC Number: EJ1450704
Record Type: Journal
Publication Date: 2024
Pages: 29
Abstractor: As Provided
ISBN: N/A
ISSN: N/A
EISSN: EISSN-1936-4660
Financial Literacy, Health Insurance, and Health-Related Financial Behaviors
Kyle A. Kopplin
Numeracy, v17 n2 Article 2 2024
Research on financial literacy seeks to determine whether costly financial mistakes can be avoided. Decisions all consumers face are whether to purchase health insurance, purchase prescriptions, pursue recommended medical testing, and seek medical help for related problems by comparing perceived costs and benefits. Using data from the National Financial Capability Study, this paper provides evidence that financial literacy is a significant determinant in health insurance demand that also reduces the probability of less desirable health-related financial behaviors.
Descriptors: Financial Literacy, Money Management, Health Insurance, Health Behavior, Economic Factors, Costs, Debt (Financial), Medical Services, Clinics
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A