Efficiency Analysis of Private Insurance Firms Before and After The Application of BPJS Regulations

DOI

10.2991/apbec-18.2019.51How to use a DOI?

Keywords

DEA, efficiency, universal insurance, comparative analysis

Abstract

This study aims to examine the efficiency of Indonesian private health insurance following the application of Badan Penyelenggara Jaminan Sosial (BPJS), Indonesia’s Social Insurance Administration Organization’s regulations in 2014. This study compares the level of efficiency using data envelopment analysis (DEA) output orientation. Also, this study uses financial statements from 18 private insurance firms during the years 2009 to 2016. The results of this study show that, following the application of BJPS regulations, there have been no significant differences in firms’ efficiency than before the application. In addition, we find that the efficiency of the joint venture health insurance companies decreased, while local health insurance efficiency increased during the observation period. This is because of a significant decline in investment returns for the joint venture health insurance companies in 2015. The results of this study are in accordance with the results of another study [16], where efficiency improvements only occur in small companies.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Viverita Viverita
PY  - 2019/07
DA  - 2019/07
TI  - Efficiency Analysis of Private Insurance Firms  Before and After The Application of BPJS  Regulations
BT  - Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018)
PB  - Atlantis Press
SP  - 368
EP  - 373
SN  - 2352-5428
UR  - https://doi.org/10.2991/apbec-18.2019.51
DO  - 10.2991/apbec-18.2019.51
ID  - Viverita2019/07
ER  -