Why Micro Health Insurance Schemes Cannot Forego Reinsurance

Journal of Insurance and Risk Management (special issue on micro health insurance), Vol. 4, No. 7, 2005

29 Pages Posted: 27 Sep 2007

See all articles by David M. Dror

David M. Dror

Micro Insurance Academy (MIA)

John Armstrong

Institue of Health Policy and Management, Erasmus University

Vijay Kalavakonda

Munich Re

Abstract

Micro health insurance units (MIUs) reduce negative financial consequences of healthcare costs for people who cannot access to formal and affordable health insurance. In order to survive, MIUs need capital to cover their outlier costs (whose probability of occurring is low but not zero). The first purpose of this study is to estimate the capital that MIUs require to secure their financial viability as stand-alone risk carriers. The second objective is to consider the cost/benefit of reinsurance as an alternative solution.

Keywords: reinsurance, micro health insurance, social insurance, insurance for the poor, community based health insurance, health financing

Suggested Citation

Dror, David M. and Armstrong, John S and Kalavakonda, Vijay, Why Micro Health Insurance Schemes Cannot Forego Reinsurance. Available at SSRN: https://ssrn.com/abstract=1017110

David M. Dror (Contact Author)

Micro Insurance Academy (MIA) ( email )

New Delhi, NCR
India
+41 78 790 6789 (Phone)

HOME PAGE: http://https://en.everybodywiki.com/

John S Armstrong

Institue of Health Policy and Management, Erasmus University ( email )

Rotterdam
Netherlands

Vijay Kalavakonda

Munich Re ( email )

K├Âniginstr. 107
Munich, 80802
Germany

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
255
Abstract Views
1,195
rank
124,422
PlumX Metrics