REVIEW |
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Year : 2014 | Volume
: 3
| Issue : 3 | Page : 219-225 |
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The application of social impact bonds to universal health-care initiatives in South-East Asia
Michael Belinsky, Michael Eddy, Johannes Lohmann, Michael Georgea
Instiglio Inc., Cambridge, Massachusetts, United States of America
Correspondence Address:
Michael Belinsky 100 Cedar Knoll Ct., Roswell, GA 30076 United States of America
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DOI: 10.4103/2224-3151.206744 PMID: 28612806
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Social impact bonds (SIBs) have the potential to improve the efficiency of government health-care spending in South-East Asia. In a SIB, governments sign a pay-for-performance contract with one or several providers of health-care services, and the providers borrow up-front capital from investors. Governments outside South-East Asia have started to experiment with SIBs in criminal justice, homelessness and health care. Governments of South-East Asia can advance the goal of universal health care by using SIBs to improve the efficiency of health-care service providers and by motivating providers to expand coverage. This paper describes SIBs and their potential application to health-care initiatives in the Region.
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