Journal Screenshot

International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

A Systematic Literature Review and Meta-Analysis of Medical Health Insurance and Takaful: Evidence from Malaysia

Nahidah Mustafa, Fauzilah Salleh, Asyraf Afthanorhan, Wan Norhayate Wan Daud, Ahmad Shukri Yazid, Norfadzilah Rashid

http://dx.doi.org/10.6007/IJARBSS/v9-i1/5812

Open access

Medical and health takaful is the protection given to cover the cost of private medical treatment including the hospitalization, surgery, and treatment, diagnosed with certain illnesses or are involved in an accident. The purpose of this research is to identify and determine the demand for Medical Health Insurance and Takaful in Malaysia. Researchers want to identify the factors that Effect Medical Health Insurance and Takaful demand in Malaysia. The researcher wants to find what Effect Medical Health Insurance and Takaful among the public. In this research, the researcher used 55 articles from the year 2007 until 2017 that related to the effect of Medical Health Insurance and Takaful using Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA) approach. 84% of the articles used a quantitative method where the rest using the qualitative method to collect the data. The researcher found that 14 of the article were stating about the factor that Effects the Medical Health Insurance and Takaful demand. The expected finding was classified into percentage based on the result of the article where a demographic factor is 42%, education factor 21% and price (income) factor 37%. To improve the research findings, this study uses random-effect model to provide the forest plot result and it was found the demographic (gender and age), education and price are highly significant associated with the Medical Health Insurance and Takaful. Therefore, it is essential to increase the public awareness about the importance of having Medical Health Insurance and Takaful.

Kansra, P., & Pathania, G. (2012). A study of factor affecting the demand for health insurance in Punjab. Journal of Management and Science, 2(4), 1-10.
O'Connor, G. E. (2015). The impact of insurance coverage on consumer utilization of health services: An exploratory study. International Journal of Bank Marketing, 33(3), 276-297.
Flynn, K. (2016). Financial fraud in the private health insurance sector in Australia: Perspectives from the industry. Journal of Financial Crime, 23(1), 143-158.
Sindecharak, T., & Prasarkul, P. (2010). Factors determining having secondary health insurance among Thai population: evidence from KDSS. Journal of Population and Social Studies, 19(1), 37-58.
Handel, B. R., & Kolstad, J. T. (2015). Health insurance for" humans": Information frictions, plan choice, and consumer welfare. American Economic Review, 105(8), 2449-2500.
Htay, S. N. N., Sadzali, N. S., & Amin, H. (2015). An analysis of the viability of micro health takaful in Malaysia. Qualitative Research in Financial Markets, 7(1), 37-71.
Bailey, J., & Webber, D. (2017). The political roots of health insurance benefit mandates. Journal of Economic Studies, 44(2), 170-182.
Piulachs, X., Alemany, R., & Guillen, M. (2017). Emergency care usage and longevity have opposite effects on health insurance rates. Kybernetes, 46(1), 102-113.
Gupta, H. (2007). The role of insurance in health care management in India. International Journal of Health Care Quality Assurance, 20(5), 379-391.
Quaye, R. K. (2007). Health care financing in Uganda: the role of social health insurance. International journal of health care quality assurance, 20(3), 232-239.
Husniyah, A. R., Norhasmah, S., & Amim, O. M. (2017). Assessing Predictors for Health Insurance Purchase Among Malaysian Public Sector Employees. In Regional Studies on Economic Growth, Financial Economics and Management (pp. 91-107). Springer, Cham.
Abu-Bakar, A., Samsudin, S., & Regupathi, A. (2016). The effect of health insurance on health care utilization: evidence from Malaysia. In International Soft Science Conference.
Jones, G. (2012). Moral hazard and the impact of private health insurance on the utilisation of health care in Malaysia. Jurnal Ekonomi Malaysia, 46(2), 159-175.
Abdullah, L., & Rahman, M. N. A. (2012). Employee likelihood of purchasing health insurance using fuzzy inference system. International Journal of Computer Science Issues (IJCSI), 9(1), 112.
Samsudin, S., Abu-Bakar, A., Regupathi, A., & Aljunid, S. M. (2016). Does Health Insurance Ownership Determine Access and Frequency of Hospitalization? Evidence from the Two-part Poisson Model. International Journal of Economics and Financial Issues, 6(7S), 21-26.
Avraham, R., Dafny, L. S., & Schanzenbach, M. M. (2010). The impact of tort reform on employer-sponsored health insurance premiums. The Journal of Law, Economics, & Organization, 28(4), 657-686.
Onwujekwe, O., & Uzochukwu, B. (2005). Socio-economic and geographic differentials in costs and payment strategies for primary healthcare services in Southeast Nigeria. Health policy, 71(3), 383-397.
Loewenstein, G., Friedman, J. Y., McGill, B., Ahmad, S., Linck, S., Sinkula, S., ... & Madrian, B. C. (2013). Consumers’ misunderstanding of health insurance. Journal of Health Economics, 32(5), 850-862.
Abdul Rahman, Z., & Mohd Daud, N. (2010). Adverse selection and its consequences on medical and health insurance and takaful in Malaysia. Humanomics, 26(4), 264-283.
Spaan, E., Mathijssen, J., Tromp, N., McBain, F., Have, A. T., & Baltussen, R. (2012). The impact of health insurance in Africa and Asia: a systematic review. Bulletin of the World Health Organization, 90, 685-692.
Schueler, K. M., Chu, P. W., & Smith-Bindman, R. (2008). Factors associated with mammography utilization: a systematic quantitative review of the literature. Journal of women's health, 17(9), 1477-1498.
Adewole, D. A., Adebayo, A. M., Udeh, E. I., Shaahu, V. N., & Dairo, M. D. (2015). Payment for health ca

In-Text Citation: (Mustafa et al., 2019)
To Cite this Article: Mustafa, N., Salleh, F., Afthanorhan, A., Daud, W. N. W., Yazid, A. S., & Rashid, N. (2019). A Systematic Literature Review and Meta-Analysis of Medical Health Insurance and Takaful: Evidence from Malaysia. International Journal of Academic Research Business and Social Sciences, 9(1), 1266–1271.