The demand for health microinsurance services: assessment of the contribution effort using microeconomic data

Kawtar El Aida, Mounir El Kadiri and Fouzi Mourji

MPRA Paper from University Library of Munich, Germany

Abstract: This paper analyzes subscription and willingness to pay (WTP) effort decisions among microcredit clients for a health microinsurance service in Morocco. We use data from a survey conducted among 562 microcredit clients belonging to two instututions. To estimate clients WTPs’ efforts, we choose the contingent valuation method. We analyze the different steps of decision by using simple and generalized Tobit. The results highlight the effect of socio-economic and financial variables including clients’ participation in formal and informal insurance mechanisms. We explain that they think in terms of substitution in one case, and complementarity in the other. The effect of savings reveals that clients want to maximize the collective utility of their households.

Keywords: health microinsurance; contingent valuation; Tobit; willingness to pay (search for similar items in EconPapers)
JEL-codes: C34 I11 I13 Q51 (search for similar items in EconPapers)
Date: 2015-02-06
New Economics Papers: this item is included in nep-ara, nep-hea, nep-ias and nep-mfd
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in E-Journal of Economics & Complexity 1.1(2015): pp. 73-97

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/68470/1/MPRA_paper_68470.pdf original version (application/pdf)

Related works:
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:pra:mprapa:68470

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().