@TechReport{iza:izadps:dp16897,
            	author={Kim, Seonghoon and Koh, Kanghyock and Lyou, Wonjun},
            	title={The Effects of Patient Cost-Sharing on Adolescents' Healthcare Utilization and Financial Risk Protection: Evidence from South Korea},
            	year={2024},
	month={Mar},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={16897},
            	url={https://www.iza.org/index.php/publications/dp16897},
	abstract={We examine the effects of patient cost-sharing on adolescents' healthcare utilization and out-of-pocket medical expenditures by exploiting the healthcare reform in South Korea that lowered the coinsurance rate for inpatient care from 20% to 5% for children under 16. We apply a difference-in-regression-discontinuities design using administrative claims data. We find that the reform increased adolescents' inpatient care utilization. It also reduced 
out-of-pocket healthcare expenditures. This effect was larger among low-income households, facilitating income redistribution. However, the lack of evidence on health improvements and household consumption spending responses suggests that generous patient cost-sharing for adolescent healthcare may cause efficiency losses.},
	keywords={consumption spending;income redistribution;out-of-pocket expenditure;healthcare utilization;patient cost-sharing;difference in regression discontinuities design},
            }