Research On China’s Basic Medical Security Financial Accounting Information Quality Characteristics

The research on basic medical security system has attracted world attention. However, with excessive medical treatment, moral hazard, adverse selection and an endless negative issues of basic medical insurance fund, the difficulty and high cost of getting medical service has become severely. Financial accounting system and information disclosure system about basic medical security has been attacked severely, and even the non-profit form has also been questioned by the public.Although the financial accounting system and information disclosure system about basic medical security is in the reform, it did not touch on the nature of system. This has resulted in the low-quality financial accounting information flooding the market, the basic medical security cannot really fairly to maintain the legitimate rights of insurants. The core theoretical problem is the quality characteristics of financial accounting information of basic medical security. On the basis of quality characteristics of financial accounting information for basic medical security, using content quality characteristics to design financial accounting system and using disclosure quality characteristics to design financial accounting information disclosure system, only in that can fairly maintain the legitimate rights of stakeholders in basic medical security and decrease the cost of basic medical security reform.This article firstly analyzs the principal-agent theory and stakeholder theory to establish the theoretical origin of quality characteristics of financial accounting information. Then we use the findings of the survey to support the conclusions of the literature study through the combination of normative analysis and questionnaire. It also analyzes the status, problems and reasons of financial accounting information for basic medical security.On the basis of analysis of objectives, subject, content, form, and information users and their information needs, this article builds a system of quality characteristics of financial accounting information that specifically belong to basic medical security. Finally it concludes three policy suggestions. The main innovation is the combination of normative analysis and questionnaire that can improve the scientific and reliability of normative research.