Abstract: Based on the healthy economic theory, this paper makes use of the CGSS2010 survey data to conduct an empirical test on the relationship between the educational level of residents, individual health and public financial support. The result shows that the relationship between the level of education and the individual health status presents an inverted “U” shape; however, the effect of education on the individual health convergences with age. Public expenditures have directly improved the health status of residents, health expenditure has the greatest impact on the health status of residents, the other four kinds of expenditures concerning people’s life are culture, science and technology expenditure, urban and rural community affairs expenditure, environmental protection and public security expenditure, and social security and employment expenditure respectively. Public expenditure has a certain regulative effect on the health effect of education; public expenditure can indirectly improve the health status of residents by improving the level of education. The lower the education level of an individual is, the more significant the indirect regulative effect of public spending will be.

Key words: education; health; fiscal expenditure; Ordered Probit model