Title: Bundling Health Insurance and Microfinance

Type Dataset Banerjee, Abhijit, Duflo, Esther, Hornbeck, Richard (2014): Bundling Health Insurance and Microfinance. Harvard Dataverse. Dataset. https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi:10.7910/DVN/25890

Authors: Banerjee, Abhijit (Massachusetts Institute of Technology) ; Duflo, Esther (Massachusetts Institute of Technology) ; Hornbeck, Richard (Harvard University) ; Banerjee, Abhijit (Massachusetts Institute of Technology) ; Duflo, Esther (Massachusetts Institute of Technology) ; Hornbeck, Richard (Harvard University) ; Jameel Poverty Action Lab ;

Links

• Item record in Abdul Latif Jameel Poverty Action Lab Dataverse
• Digital object URL

Summary

Microfinance institutions have started to bundle their basic loans with other financial services, such as health insurance. Using a randomized control trial in Karnataka, India, we evaluate the impact on loan renewal from mandating the purchase of actuarially-fair health insurance covering hospitalization and maternity expenses. Bundling loans with insurance led to a 16 percentage points (23 percent) increase in drop-out from microfinance, as many clients preferred to give up microfinance than pay higher interest rates and receive insurance. In a Pyrrhic victory, the total absence of demand for health insurance led to there being no adverse selection in insurance enrollment.

More information

• DOI: 10.7910/DVN/25890

Subjects

• Social Sciences

Dates

• Publication date: 2014
• Issued: May 17, 2014
• Submitted: May 17, 2014
• Updated: May 03, 2019

Rights

• info:eu-repo/semantics/openAccess
• http://creativecommons.org/publicdomain/zero/1.0 CC0 1.0

Format

electronic resource

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