Abstract
The study showed the effect of the COVID-19 pandemic on healthcare expenses including the price of medicines, protective equipment, medical devices, healthcare facilities, and food. A self-administered questionnaire was used as the data collection tool and 400 people from different Bangladesh divisions (Dhaka, Chittagong, Barisal, Khulna, Mymensingh, Rajshahi, and Sylhet) participated in this study. Multiple regression analysis was used to estimate the impact of independent variables on dependent variables. R programming environment was used to perform the statistical analysis. Cronbach’s alpha was used for determination of reliability and found acceptable internal consistency. The price of protective equipment (POPE), the price of a healthcare facilities (POHCF), the consequences of rising prices (CRP), and COVID-19 were independent variables. COVID-19 (CRP) was a dependent variable that measured COVID-19’s impact (IC). The results of the regression analysis indicated a positive and significant impact of POPE, POHCF, and CRP on IC. However, the variance explained was still low (54.4%). Bangladesh should control the prices of all goods and services because of their influence on the impact of COVID-19. Future research should be conducted to discover other variables that affect the impact of COVID-19.
Keywords
COVID-19, healthcare cost, medicine cost, protective equipment cost, increasing price level
Chinese Abstract
新冠疫情对孟加拉医疗费用的感知影响
本研究展示了新冠疫情在药品价格、防护设备、医疗设备、医疗设施和食品方面等医疗费用的影响。数据收集通过自填问卷开展,来自孟加拉不同地区(达卡、吉大港、巴里萨尔、库尔纳、迈门辛、拉杰沙希和锡尔赫特)的400人参加了本研究。本文采用多元回归分析以估计自变量对因变量的影响,统计分析在R编程环境中进行。研究使用克隆巴赫系数进行可靠性分析,并发现内部一致性达到可接受水平。防护设备价格(POPE)、医疗设施价格(POHCF)、价格上涨后果(CRP)和新冠疫情是自变量。新冠疫情(CRP)是一个衡量新冠疫情影响(IC)的因变量。回归分析结果表明,防护设备价格、医疗设施价格和价格上涨后果对感知的新冠影响具有正向且显著的效果,然而其方差解释却偏低(54.4%)。考虑到对新冠疫情感知影响的作用,孟加拉应该控制所有商品和服务的价格。未来的研究应进一步探索其他决定新冠疫情影响的变量。
关键词:新冠疫情、医疗费用、药品费用、防护设备费用、价格水平上涨
ORCID Identifiers
Hasibul Islam: https://orcid.org/0000-0002-3242-2502
Fatema Johora: https://orcid.org/0000-0002-9030-5224
AsmaAkter Abbasy: https://orcid.org/0000-0002-0769-5381
Masud Rana: https://orcid.org/0000-0002-5187-0976
Niyungeko Antoine: https://orcid.org/0000-0003-1185-8582
DOI
10.5038/2640-6489.6.2.1173
Recommended Citation
Islam, H., Johora, F., Abbasy, A. A., Rana, M., & Antoine, N. (2021). The perceived impact of COVID-19 pandemic on healthcare cost in Bangladesh. Journal of Global Business Insights, 6(2), 172-185. https://www.doi.org/10.5038/2640-6489.6.2.1173
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License