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

In: Financing Micro Health Insurance Theory, Methods and Evidence

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  • David Mark Dror

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.

Suggested Citation

  • David Mark Dror, 2018. "The Elusive Quest for Estimates of Willingness to Pay for Health Microinsurance," World Scientific Book Chapters, in: Financing Micro Health Insurance Theory, Methods and Evidence, chapter 6, pages 117-138, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813238480_0006
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    More about this item

    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;
    All these keywords.

    JEL classification:

    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development

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