Corpus ID: 52998670

peace of mind : health insurance reduces stress and cortisol levels – evidence from a randomized experiment in kenya ∗

  title={peace of mind : health insurance reduces stress and cortisol levels – evidence from a randomized experiment in kenya ∗},
  author={J. Haushofer and Matthieu Chemin and C. Jang and Justin Abraham},
We show that the provision of health insurance reduces levels of self-reported stress and the stress hormone cortisol using a randomized controlled trial among informal workers in Nairobi, Kenya. The effects of health insurance on cortisol and stress levels are larger than those of equally valued unconditional cash transfers, and are not mediated by changes in economic outcomes, health or healthcare usage, or variables that confound cortisol. These results suggest that insurance may reduce… Expand
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