Abstract

The effect of new rural endowment insurance scheme: A gap analysis on four selected rural areas in China

Author(s): Sun Yifan

China became an aging society since 2000; however, the aging problem is even worse in the rural areas. To solve the problem, a newly designed Rural Endowment Insurance Scheme was implemented in 2009. This paper attempts to evaluate the effect of the New Rural Endowment Insurance using gap analysis on the economic status and health status of the rural elderly before and after joining the scheme. The results imply that after joining in the scheme, most of the economic situations and health conditions of the respondents have been improved. However, the changes in health conditions were very small. Recommendations on how to improve the performance of the Rural Endowment Insurance Schemes are suggested accordingly.