The Elusive Quest for Estimates of Willingness to Pay for Health Microinsurance

David Dror

Chapter 6 in Financing Micro Health Insurance:Theory, Methods and Evidence, 2018, pp 117-138 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:Review of 14 experimental field studies eliciting willingness to pay (WTP) for health insurance among low-income persons in developing countries, based on 20 papers.“We had to work backward taking into consideration what the community could pay while creating a long-term, self-sustaining scheme” — Testimony of an HMI practitioner in India.Estimating WTP for health insurance (HI) in LICs is a challenge given that people have to reveal what they are willing to pay for insurance coverage that they do not yet have and may not even be on the market.

Keywords: Microinsurance; Micro Health Insurance; Health Insurance; Community-Based Health Insurance; CBHI; Demand for Health Insurance; Willingness to Pay for Health Insurance; Microinsurance Package Design; Implementation of CBHI; Business Case of Microinsurance (search for similar items in EconPapers)
JEL-codes: I13 I15 (search for similar items in EconPapers)
Date: 2018
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