Research On The Impact Of Pension Model On The Health Of The Elderly

With the deepening of aging population degree in China,the problems of prolonged life expectancy,high disability rates,and high chronic disease rates among the elderly are still prominent.However,among the many factors that affect the health of the elderly,the pension model has not received sufficient attention.The 14 th Five-Year Plan for Healthy Aging Plan proposes to achieve multi-party participation,co-construction and sharing,and to leverage the supportive role of social security,the fundamental role of family security,and the subjective role of the elderly themselves.Therefore,a complete pension model is an important aspect that affects the health of the elderly,and also an important choice to address the healthy aging population.In the perspective of population aging and healthy aging,China should attach great importance to the role of the new three pillar system of “social security,family security,and self security” in the health of the elderly.However,most of the existing studies focus on family and social security,ignoring the subjective role of the elderly in health maintenance.This paper will start with a more complete pension model,explore and analyze its impact on the health of the elderly.To this end,based on the data of the 2018 China Health and Retirement Longitudinal Study(CHARLS),this paper takes the elderly over 60 years old who have received two follow-up investigates as the research object,uses the method of ordinary least squares,the two-stage least squares,the instrumental variable,and the structural equation model,based on the theory of Grossman’s Health Demand and social causality to explore the impact of pension model of different economic sources on the health of the elderly and its mediating mechanism.Besides,this paper also tests the robustness of the regression results by increasing variables and controlling the sample number,and analyzes the heterogeneity of gender,household registration and age.The empirical results indicate that both the pension amount for social security and the personal assets for self security can significantly improve the health status of the elderly,with economic sources being the most important aspect.However,in family security,while the impact of inter-generational economic support for children in family security on the health of the elderly is not significant.The results of heterogeneity analysis indicate that there are significant gender,urban-rural,and age differences in the impact of different elderly pension model on the health of the elderly.Mediating effect analysis found that both social and self security can positively affect the health of the elderly through lifestyle and living environment.Based on the empirical results,this article proposes the following countermeasures and suggestions: firstly,establish a diversified economic support system to ensure sufficient economic sources for the elderly and increase investment in their health.Secondly,enhance self security awareness and shift from passive security to active,and accumulate elderly care resources.Thirdly,improve infrastructure construction and enrich the lifestyle of the elderly,and expand social interaction.Fourthly,attach importance to and improve the living environment of the elderly,and create clean and convenient conditions.