Microfinance Gateway>Dealing with Adversity through Diversity

affiliate language sites: Français عربي Español

Home

Library

Jobs

Training and Events

Organizations

Consultants

Library » Dealing with Adversity through Diversity

Dealing with Adversity through Diversity
Dec 2006, Dror, D.

Providing social reinsurance to underwrite health risks in case of disasters

This article reviews different types of disasters, namely natural, political and health, and states that health risks expose individuals and households to more catastrophic consequences than other disasters.

Risk management deals with disasters in terms of prevention and compensation. The paper sates that:

Health insurance, more than other types of insurance, includes ex-ante prevention as well as ex-post compensation;
Insurance industry can enlarge its ability to deal with more types of risks with more severe damage levels by ceding risks to reinsurance;
Reinsurance facility, however, has not been created for health insurance.

The paper states that although health risks represent greater adversity for poor people than other disasters, it has not been broached at the national level in many low-income countries. There is an urgent need to provide social reinsurance to underwrite health risks of large segments of the population.

Add Review


*First Name:		*Last Name:
Organization:
*Email:
*Country:
(rollover stars to select rating)
Review Title:

Review Text:
I do not want my name, email, or organization to appear with my review. (Country will always appear with posted reviews.)

By clicking "Submit" you confirm that you have read and consent to our Privacy Policy and Terms and Conditions.

Download this Document

Publisher(s):
National Insurance Academy - School of Management, Pune (NIASoM)