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Predictors of Consumers’ Health Insurance Knowledge

Predictors of Consumers’ Health Insurance Knowledge <p><italic>The objectives of this study were to assess consumer knowledge of their health insurance plan and overall financial knowledge and to identify factors associated with consumer health insurance knowledge. A sample of taxpayers who had tax returns completed at a university-based volunteer income tax assistance (VITA) program was surveyed. More than 70% of respondents perceived their health insurance plan knowledge and overall financial literacy to be</italic> fair/good <italic>on a scale where the top choices were</italic> very good, excellent, <italic>and</italic> exceptional. <italic>The results of the binary logistic regression showed that those who were more likely to have high health insurance knowledge were U.S. citizens, not single, and reviewed their health insurance coverage at least once a year.</italic></p> http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Financial Counseling and Planning Springer Publishing

Predictors of Consumers’ Health Insurance Knowledge

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Publisher
Springer Publishing
ISSN
1052-3073
eISSN
1947-7910
DOI
10.1891/1052-3073.28.2.300
Publisher site
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Abstract

<p><italic>The objectives of this study were to assess consumer knowledge of their health insurance plan and overall financial knowledge and to identify factors associated with consumer health insurance knowledge. A sample of taxpayers who had tax returns completed at a university-based volunteer income tax assistance (VITA) program was surveyed. More than 70% of respondents perceived their health insurance plan knowledge and overall financial literacy to be</italic> fair/good <italic>on a scale where the top choices were</italic> very good, excellent, <italic>and</italic> exceptional. <italic>The results of the binary logistic regression showed that those who were more likely to have high health insurance knowledge were U.S. citizens, not single, and reviewed their health insurance coverage at least once a year.</italic></p>

Journal

Journal of Financial Counseling and Planning – Springer Publishing

Published: Jan 1, 2017

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