Analysis of factors affecting willingness to pay for cardiovascular disease-related medical services

Hideo Yasunaga1, Hiroo Ide, Tomoaki Imamura

  • 1Department of Planning, Information, and Management, University of Tokyo Hospital, Japan.

Insights

Willingness to pay (WTP) for hypertension and myocardial infarction (MI) treatments varied by demographic factors and disease severity. Findings suggest tailored copayment strategies are needed for different conditions and income levels.

Area of Science:

  • Health Economics
  • Medical Sociology
  • Public Health Policy

Background:

  • The contingent valuation method (CVM) is increasingly used to assess willingness to pay (WTP) for healthcare services.
  • Understanding WTP is crucial for healthcare system planning and resource allocation.

Purpose of the Study:

  • To measure WTP for outpatient hypertension treatment and inpatient myocardial infarction (MI) treatment in Japan.
  • To identify factors influencing WTP for these conditions.

Main Methods:

  • A CVM survey using internet questionnaires was administered to 547 citizens aged 40-49.
  • Principal component analysis and categorical regression were used to analyze WTP determinants.
  • Payment cards and out-of-pocket copayments under public medical insurance served as the payment vehicle.

Main Results:

  • Mean WTP was $75.03/month for hypertension and $8,928.70 for MI.
  • Hypertension WTP was higher in married males and asymptomatic individuals, independent of income.
  • MI WTP was higher in high-income earners, married males, and symptomatic individuals; 'objective evaluation' was a significant factor.

Conclusions:

  • WTP for serious conditions like MI shows income-related disparities, highlighting the need for enhanced safety nets for low-income groups.
  • For chronic conditions like hypertension, uniform, low copayments irrespective of income are recommended.
  • Healthcare policy should consider WTP variations based on disease severity and individual characteristics.

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