Economic and psychological effects of health insurance and cash transfers: Evidence from a randomized experiment in Kenya
成果类型：
Article
署名作者：
Haushofer, Johannes; Chemin, Matthieu; Jang, Chaning; Abraham, Justin
署名单位：
McGill University; University of California System; University of California San Diego; Max Planck Society
刊物名称：
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN：
0304-3878
DOI：
10.1016/j.jdeveco.2019.102416
发表日期：
2020
关键词：
摘要：
We use a randomized experiment in Nairobi to compare the effect of free health insurance to an unconditional cash transfer of the same value and a control group. Despite high baseline rates of injury and illness, the median insurance taker does not use the insurance. We observe no significant effects of either insurance or cash on economic outcomes, self-reported health, and healthcare utilization. We find some evidence that the provision of health insurance reduced levels of self-reported stress and the stress hormone cortisol relative to cash and control. This result suggests that insurance may have a peace of mind effect, although the most conservative bounds for attrition and multiple inference correction render it statistically insignificant. Together, our results suggest that health insurance may reduce stress in our setting, but its benefits are otherwise limited.