Achieving The Sustainable Health Development Goals In Nigeria: The Place Of Health Micro Insurance
Authors:
EDY-EWOH Uduakobong
Publication Type: Journal article
Journal: Journal Of Research In Business And Management
ISSN Number:
0
Downloads
17
Views
Abstract
The importance of good health to individuals and the society as a whole has been severally documented in literature. Good health promotes societal well-being through its ability to facilitate increased productivity. It is therefore not surprising that the third goal of the SDGs is good health and well-being being with the specific objective to ensure healthy lives and promote well-being for all at all ages. This goal must be achieved globally by 2030, in the next twelve years. Nigeria however, like many other low and middle income countries grapple with providing adequate health care for its people, and many of the poor and
vulnerable in the countries are hardly able to fund their health needs without experiencing catastrophic health expenditure. Given the inability of the government to single-handedly fund the health needs of the teeming population of Nigerians, this study examined the import of a fast growing system of micro insurance - Micro Health Insurance – specifically designed to provide health insurance for low-income market, as a practicable means of raising funds to financing the health needs of the poor and vulnerable in Nigeria and to help achieve the third sustainable development goal by increasing access to health services in the country.