Because the VISA Model uses savings groups to aggregate small purchases into one larger purchase, and to pass on to the insurance company, the operating costs of the company are reduced and the sales increased.
Our results suggest that most uninsured households will probably take on debt to pay for health care at some point in their lives. A substantial minority of those households will also sell productive assets such as land. SKY health insurance cuts the rates of these events by about a third.
An important aspect of this evaluation will explore whether or not the asset accumulation and productivity effects of insurance are sufficiently robust that they create a case for subsidizing insurance premiums as an alternative to cash transfers or food aid.