SWAPNO Stories

Micro-health Insurance: Rebuilding The Confidence of The Destitute

Posted on 17 May, 2022

Health risks are generally regarded by rural distressed women as the most costly risks among all other natural, social, and economic risks, making micro-health insurance essential. SWAPNO commissioned the Birla Institute of Management, India, to carry out a study on Micro-health insurance for the extreme poor in February 2020. Socioeconomic status, income and expenditure patterns, perception and understanding of insurance risks, insurance premium affordability, risk mitigation measures of potential micro-insurance clients, and other issues and constraints related to access to micro-insurance services were identified in the study.001[1]

The study also confirmed common features of the SWAPNO beneficiaries; suggested suitable micro-insurance products to tackle vulnerability with an identified potential insurer. Based on the study, the project piloted two micro health insurance policies as Swapno Surokkha Policy and Swapno Shathi Policy in association with Green Delta Insurance and Micro-Fintech. SWAPNO Surokkha Policy includes the financial benefits of accidental death and hospital coverage. Swapno Shathi Policy includes the financial benefits of accidental death, in-patient and out-patient hospital coverage. The insurance has covered 1620 women beneficiaries of 5 Upazilas of Jamalpur district.


Micro Health Insurance coverage has provided the beneficiaries with the financial support which is being incurred for the hospitalization or in-house treatment; without this financial support, the poor beneficiaries would have been left with the treatment from the quack doctors of the neighborhood.