Low cost health insurance

Health Insurance

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Low cost health insurance
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Retail
Business Model Description

Invest privately in the expansion and / or creation of new low-cost prepaid medicine insurance with individual and family plans for first and second level medical care for low and middle income people.

Expected Impact

Increase access to health services and reduce inequality in rural and female population.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
5% - 10% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
No Poverty (SDG 1) Good health and well-being (SDG 3)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Reduced Inequalities (SDG 10) Gender Equality (SDG 5) Decent Work and Economic Growth (SDG 8)
Sector Sources
  • (I) Florencia Attademo-Hirt et al. 2019. Estrategia del grupo BID con el país 2019-2023. https://www.idbinvest.org/sites/default/files/2020-04/ESTRATEGIA%20DEL%20GRUPO%20BID%20CON%20PARAGUAY%20%282019-2023%29.pdf (II) Ministerio de Salud Pública y Bienestar Social. 2019. Plan Estratégico Institucional. https://www.mspbs.gov.py/dependencias/portal/adjunto/c5fbf6-PlanEstratgicoInstitucionalPEI20192023.pdf (III) Rural Health Information Hub. 2021. Barriers to Improving Rural Maternal Health. https://www.ruralhealthinfo.org/toolkits/maternal-health/1/barriers (IV) Ministerio de Salud Pública y Bienestar Social. 2014. Salud Pública apunta a desarrollo de servicios, pero espera recursos. https://www.mspbs.gov.py/portal/990/salud-publica-apunta-a-desarrollo-de-servicios-pero-espera-recursos.html
IOA Sources
  • (1) Organización Panamericana de Salud. s.f. Paraguay. https://hia.paho.org/en/countries-22/paraguay-country-profile (2) Aswath Damodaran. 2021. Current Data. https://pages.stern.nyu.edu/~adamodar/ (3) Julio René Pérez. 2019. Estudio de factibilidad previo a la implementación de un seguro de salud privado con una cobertura extendida. https://dialnet.unirioja.es/servlet/articulo?codigo=9089221 (4) OCDE. 2019. Estrategia de Competencias de la OCDE 2019. https://www.oecd.org/skills/OECD-skills-strategy-2019-ES.pdf (5) Dirección General de Estadística, Encuestas y Censos. 2016. Población juvenil de 15 a 29 años de edad por año de la encuesta, según sexo y tipo de seguro médico (%), 2016-2021. Serie comparable. https://www.ine.gov.py/resultado/index.php (6) Organización Panamericana de Salud. 2017. "Acceso de las mujeres a la protección social en salud", en un mundo laboral en transformación. https://www.paho.org/es/noticias/8-3-2017-acceso-mujeres-proteccion-social-salud-mundo-laboral-transformacion (7) Hugh Waddington. 2009. Health insurance for the poor: Myth or reality? https://www.3ieimpact.org/sites/default/files/2019-02/Health_insurance_for_the_poor_1.pdf (8) Gobierno del Paraguay. 2014. Plan Nacional de Desarrollo Paraguay 2030. https://www.stp.gov.py/pnd/wp-content/uploads/2014/12/pnd2030.pdf (9) Ministerio de Salud Pública y Bienestar Social. 2019. Plan Estratégico Institucional. https://www.mspbs.gov.py/dependencias/portal/adjunto/c5fbf6-PlanEstratgicoInstitucionalPEI20192023.pdf (10) Congreso de la nación paraguaya. 1980. Ley No. 836. https://www.bacn.gov.py/leyes-paraguayas/2399/ley-n-836-codigo-sanitario (11) Congreso de la nación paraguaya. 1996. Ley No. 827 https://www.bacn.gov.py/leyes-paraguayas/703/ley-n-827-de-seguros (12) Congreso de la nación paraguaya. 1996. Ley No. 1032. https://www.mspbs.gov.py/dependencias/dnvs/adjunto/975a86-LEYN10321996QUECREAELSISTEMANACIONALDESALUD.pdf (13) Congreso de la Nación Paraguaya. 1991. LEY Nº: 60/90. https://www.mic.gov.py/mic/w/industria/ddi/pdf/Ley60-90.pdf (14) Congreso de la Nación Paraguaya. 2015. LEY Nº 5542. https://www.bacn.gov.py/leyes-paraguayas/4523/garantias-para-las-inversiones-y-fomento-a-la-generacion-de-empleo-y-el-desarrollo-economico-y-social