The Research On Operating Efficiency And Influencing Factors Of Short-term Health Insurance Of Property Insurance Companies In China

With the orderly promotion of the "healthy China" strategy,people’s health awareness has been continuously improved,and more diversified health risk protection needs have been put forward.The rapid development of short-term health insurance not only injects new growth potential into the healthy and orderly development of the property insurance industry,but also provides an effective supplement to China’s multi-level medical security system,playing an important role in preventing and resolving medical risks and improving residents’ health level and quality of life.Operating efficiency is an important indicator to measure the business operation ability and market competitiveness of short-term health insurance.This thesis calculates the operating efficiency of short-term health insurance from the perspective of enterprises and society,which is conducive to more comprehensively reflect the operating status and existing problems of short-term health insurance in China’s property insurance industry,put forward targeted improvement suggestions,and realize the mutual promotion and common improvement of enterprise efficiency and social efficiency of short-term health insurance.Firstly,this thesis summarizes and analyzes the overall operation of shortterm health insurance from 2016 to 2021,mainly including the overall development,premium income and compensation expenditure.Secondly,through the interpretation of the theoretical system of efficiency and the comparative analysis of measurement methods,this thesis selects the Threestage DEA model of data envelopment analysis(DEA)to measure the enterprise efficiency and social efficiency of 27 sample companies from 2016 to 2019.The study found that after excluding the influence of environmental variables and statistical errors,the comprehensive efficiency and scale efficiency of the third stage decreased significantly,and the change trend of pure technical efficiency was not obvious.Compared with Chinese property insurance institutions,foreign property insurance institutions were greatly affected by environmental variables,and the efficiency value of the third stage decreased significantly.At the same time,the deviation between enterprise efficiency and social efficiency is obvious in some sample companies,and the social efficiency of short-term health insurance business is low as a whole,so there is a large room for improvement.Then,this thesis studies the influencing factors of operating efficiency through the combination of qualitative analysis and quantitative analysis.In the quantitative analysis,the panel Tobit model is used to empirically analyze the influencing factors of operating efficiency.The results show that the four factors of company size,corporate governance,capital utilization and company type have a significant impact on social efficiency and enterprise efficiency,and the business proportion has a significant negative correlation with enterprise efficiency,There is no significant correlation between talent reserve,market share and operating years.Finally,based on the above efficiency calculation results and empirical analysis,this thesis puts forward some suggestions to reasonably control the asset scale and comprehensive cost rate,improve the professional operation level and capital utilization ability,and promote the implementation of its social security function...