‘Niramoy’ Micro Health Insurance in Bangladesh: Innovations in Design, Delivery and Distribution Channels

41 Pages Posted: 24 Jun 2013

See all articles by Syed M. Ahsan

Syed M. Ahsan

Concordia University, Quebec - Department of Economics; CESifo (Center for Economic Studies and Ifo Institute)

Syed Abdul Hamid

University of Dhaka

Shubhasish Barua

University of Dhaka - Department of Development Studies; University of Warwick - Department of Economics

Mohammad Rifat Haider

Dept. of Public Health and Informatics, Jahangirnagar University

Chowdhury Abdullah Al Asif

Institute of Microfinance (InM)

Date Written: June 21, 2013

Abstract

This paper illustrates the key features of an innovative micro health insurance pilot intervention, where the product has been designed keeping in view the targets of adequate risk protection, inclusivity of access, affordability, and program sustainability; which are mostly absent in the existing health insurance programs in Bangladesh. By enlisting a commercial insurance company as a risk carrier, the scheme signals a new initiative in the health insurance in Bangladesh, along the partner-agent structure. Research design embracing the methods of cluster randomized trial allows for identification of direct and indirect effects of MHI on actual OOP incurred by the insured; vis-à-vis the non-insured households who are otherwise similar in economic, educational, and social dimensions. Such an analysis holds the promise of determining whether MHI interventions may eventually lead to large-scale implementation, so that quality health care reach the poor en masse, thereby contributing to the cause of universal health coverage.

Keywords: micro health insurance, cluster randomized trials, out-of-pocket payments, cost of risks

JEL Classification: C83, G21, G22, I18

Suggested Citation

Ahsan, Syed M. and Hamid, Syed Abdul and Barua, Shubhasish and Haider, Mohammad Rifat and Asif, Chowdhury Abdullah Al, ‘Niramoy’ Micro Health Insurance in Bangladesh: Innovations in Design, Delivery and Distribution Channels (June 21, 2013). Available at SSRN: https://ssrn.com/abstract=2283294 or http://dx.doi.org/10.2139/ssrn.2283294

Syed M. Ahsan (Contact Author)

Concordia University, Quebec - Department of Economics ( email )

1455 de Maisonneuve Blvd. W.
Montreal, Quebec H3G 1MB
Canada
1-514-848-2424, Extn. 3906, 39 (Phone)
1-514-848-4536 (Fax)

CESifo (Center for Economic Studies and Ifo Institute) ( email )

Poschinger Str. 5
Munich, DE-81679
Germany

Syed Abdul Hamid

University of Dhaka ( email )

Arts Faculty Building
Ramna, Dhaka, 1000
Bangladesh
+8801711441437 (Phone)

HOME PAGE: http://www.ihe.ac.bd

Shubhasish Barua

University of Dhaka - Department of Development Studies ( email )

Bangladesh

University of Warwick - Department of Economics ( email )

Coventry CV4 7AL
United Kingdom

Mohammad Rifat Haider

Dept. of Public Health and Informatics, Jahangirnagar University ( email )

Savar
Social Science Faculty, Savar
Dhaka, Dhaka 1342
Bangladesh

Chowdhury Abdullah Al Asif

Institute of Microfinance (InM) ( email )

Dhaka
Bangladesh
+88-01711986941 (Phone)

HOME PAGE: http://www.inm.org.bd

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