The Financial Risk Reduction Provided by Ghana’s National Health Insurance Scheme
This paper estimates the monetary value of financial risk reduction associated with membership in Ghana’s National Health Insurance Scheme, based on recent national household survey data. The paper compares the risk premiums for distributions of ou...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2022
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/099805106022229866/IDU087388de301bc904e7b080ac06c27cac5ab5b http://hdl.handle.net/10986/37514 |
| Summary: | This paper estimates the monetary
value of financial risk reduction associated with membership
in Ghana’s National Health Insurance Scheme, based on recent
national household survey data. The paper compares the risk
premiums for distributions of out-of-pocket healthcare
expenditures with and without insurance and find that the
difference is small. This does not mean that the National
Health Insurance Scheme has no value to members. Indeed, the
findings show that the insured pay significantly less for
healthcare than the uninsured on average. But that average
reduction does not translate into a reduced spread of
consumption net of out-of-pocket healthcare expenditures.
Thus, the benefit of the National Health Insurance Scheme is
entirely a transfer benefit, not a reduction in financial risk. |
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