Health inclusive insurance: getting started

Health insurance mitigates financial risk due to illness. It contains specific features which distinguish it from other insurance product lines, and which add complexity. This training will provide inclusive insurance practitioners (insurers and distribution partners) with knowledge and insight about factors applicable to the process of developing and launching simple health inclusive insurance (HMI) programs and selecting and working with partners to deliver those HMI products.

Instructional material | 01 December 2014
Contact(s): socialfinance@ilo.org

Training objectives

  • Articulate a foundational understanding of main elements of private sponsored health insurance
  • Describe key concepts underlying the design of health insurance products which target emerging customers (also known as health inclusive insurance, or HMI), and which influence product performance in terms of client value and business viability
  • Identify at least 3 potential benefits of HMI from the client perspective using the PACE client value framework
  • Recognize at least 3 main challenges that have confronted HMI schemes in similar settings, along with 3 approaches to overcome these challenges
  • Identify specific challenges and opportunities for programs and initiatives of their own organizations

Target audience

This course has been developed for insurers and distribution channels serving emerging customers in new markets. The course also targets practitioners interested to develop, launch and improve simple HMI products and/or value added services, as well as individuals who are expected to play a role in the development and operation of HMI.

Methodology

This training uses minimal lectures and leverages case studies, small group work discussions and exercises for experiential learning of the concepts and principles of developing simple HMI products.

Duration

Two days