Munich Personal RePEc Archive

The demand for health microinsurance services: assessment of the contribution effort using microeconomic data

El Aida, Kawtar and El Kadiri, Mounir and Mourji, Fouzi (2015): The demand for health microinsurance services: assessment of the contribution effort using microeconomic data. Published in: E-Journal of Economics & Complexity , Vol. 1, No. 1 (September 2015): pp. 73-97.

[img]
Preview
PDF
MPRA_paper_68470.pdf

Download (359kB) | Preview

Abstract

This paper analyzes subscription and willingness to pay (WTP) effort decisions among microcredit clients for a health microinsurance service in Morocco. We use data from a survey conducted among 562 microcredit clients belonging to two instututions. To estimate clients WTPs’ efforts, we choose the contingent valuation method. We analyze the different steps of decision by using simple and generalized Tobit. The results highlight the effect of socio-economic and financial variables including clients’ participation in formal and informal insurance mechanisms. We explain that they think in terms of substitution in one case, and complementarity in the other. The effect of savings reveals that clients want to maximize the collective utility of their households.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.