EconPapers    
Economics at your fingertips  
 

Farmers' Preferences for Alternative Crop and Health Insurance Subsidy

William Nganje, Bob Hearne (), Cole Gustafson and Michael Orth

Review of Agricultural Economics, 2008, vol. 30, issue 2, 333-351

Abstract: In addition to production risks, farmers desire to balance personal risks of health care. A theoretical framework is developed for holistic health and crop insurance products that provide the opportunity to switch a portion of existing crop insurance subsidy for greater health coverage. A random utility discrete choice experiment is used to assess farmers' stated preferences for holistic insurance products. Farmers prefer higher levels of coverage and are price sensitive. A sample of farmers did not prefer the subsidy switch. However, the subsidy switch is preferred by older farmers, those with higher health care spending, and farmers who have experienced major health problems. Copyright 2008, Oxford University Press.

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1111/j.1467-9353.2008.00407.x (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Journal Article: Farmers' Preferences for Alternative Crop and Health Insurance Subsidy (2008) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:revage:v:30:y:2008:i:2:p:333-351

Ordering information: This journal article can be ordered from
http://www.oup.co.uk/journals

Access Statistics for this article

More articles in Review of Agricultural Economics from Agricultural and Applied Economics Association Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2020-04-03
Handle: RePEc:oup:revage:v:30:y:2008:i:2:p:333-351