Is it all about money? A randomized evaluation of the impact of insurance literacy and marketing treatments on the demand for health microinsurance in Senegal
In Senegal mutual health organizations (MHOs) have been present in the greater region of Thies for years. Despite their efforts and the benefits they bring to low-income population, in some areas, take up rates remain low. The authors of Research Paper #14 ran an insurance literacy module, communicating the benefits of health microinsurance and explaining MHOs work, to a randomly selected sample of households in the city of Thies. The effects of the training, and three vouchers offering refunds and additional education were evaluated using a randomized control trial. The authors find that the insurance literacy module had no impact on the demand for health microinsurance, but that their marketing intervention had a significant effect on the take up decisions of households.