TY - JOUR
T1 - Household's willingness to pay for health microinsurance and its impact on actual take-up: results from a field experiment in Senegal
AU - Bonan, Jacopo
AU - Bonan, Jacopo Daniele
AU - Lemay-Boucher, Philippe
AU - Tenikue, Michel
PY - 2014
Y1 - 2014
N2 - Community-based health insurance schemes (CBHIS) have been present in the region of Theis, Senegal, for many years. Yet, despite the benefits they offer, take-up rates remain low. This article measures the willingness to pay (WTP) for CBHIS premiums in such a context; our results highlight the role of income, wealth and risk preferences as determinants of WTP. We also provide an analysis of the predictive power of WTP on the actual take-up of insurance following our offering of membership to a sample of 360 households. Results show that WTP has a positive and significant impact on actual CBHIS take-up
AB - Community-based health insurance schemes (CBHIS) have been present in the region of Theis, Senegal, for many years. Yet, despite the benefits they offer, take-up rates remain low. This article measures the willingness to pay (WTP) for CBHIS premiums in such a context; our results highlight the role of income, wealth and risk preferences as determinants of WTP. We also provide an analysis of the predictive power of WTP on the actual take-up of insurance following our offering of membership to a sample of 360 households. Results show that WTP has a positive and significant impact on actual CBHIS take-up
KW - Microinsurance
KW - Willingness to Pay
KW - Microinsurance
KW - Willingness to Pay
UR - http://hdl.handle.net/10807/62261
U2 - 10.1080/00220388.2014.940909
DO - 10.1080/00220388.2014.940909
M3 - Article
SN - 0022-0388
SP - 1445
EP - 1462
JO - Journal of Development Studies
JF - Journal of Development Studies
ER -