Households’ 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

    Research output: Contribution to journalArticle

    2 Citations (Scopus)

    Abstract

    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.

    Original languageEnglish
    Pages (from-to)1445-1462
    Number of pages18
    JournalJournal of Development Studies
    Volume50
    Issue number10
    Early online date1 Oct 2014
    DOIs
    Publication statusPublished - Oct 2014

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