Household's willingness to pay for health microinsurance and its impact on actual take-up: results from a field experiment in Senegal

Jacopo Bonan; Philippe Lemay-boucher; Michel Tenikue

Household's willingness to pay for health microinsurance and its impact on actual take-up: results from a field experiment in Senegal

Jacopo Bonan, Philippe Lemay-boucher, Michel Tenikue

Labour Market

Research output: Working paper

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Abstract

In the region of Thies in Senegal community-based health insurance schemes(CBHI)have been present for years. And yet despite the benefits they offer, there remain low take-up rates. Our paper measures the willingness to pay (WTP) for CBHI premiums in such 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. WTP has a positive and significant impact on actual take-up.

Original language	English
Publisher	CEPS/INSTEAD
Number of pages	44
Publication status	Published - 2013

Publication series

Name	Working Papers
Publisher	CEPS/INSTEAD
No.	2013-15

Keywords

Africa
Community-based health insurance
Senegal
Willingness to pay

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Working Paper n°2013-15Final published version, 1.1 MB

1 Working paper

Is it all about Money? A Randomized Evaluations of the Impact of Insurance Literacy and Marketing Treatments on the Demand for Health Microinsurance in Senegal
Bonan, J., Dagnelie, O., Lemay-boucher, P. & Tenikue, M., 2012, CEPS/INSTEAD, 28 p. (Working Papers; no. 2012-03).
Research output: Working paper

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Household's willingness to pay for health microinsurance and its impact on actual take-up: results from a field experiment in Senegal

Abstract

Publication series

Keywords

Access to Document

Research output

Is it all about Money? A Randomized Evaluations of the Impact of Insurance Literacy and Marketing Treatments on the Demand for Health Microinsurance in Senegal

Cite this