-the Social Cash Transfer Program (SCTP)—to scale up response to additional beneficiaries when shocks occur. Making the SCTP shock …-responsive is a key strategic pillar of the government’s Disaster Risk Financing Strategy. The SCTP scalable mechanism was first …,000 poor and vulnerable households that would be eligible to receive a cash transfer in the event of a shock, and in fact a …

. The authors explore these issues in China. In addition to providing new evidence on the general impact of health shocks …, they also extend previous work by assessing the extent of risk protection afforded by formal health insurance, and by …

"The most basic argument for insurance is that it reduces financial risk. But since insurance opens up new … patient, it is not immediately obvious that insurance will in practice reduce financial risk. The authors analyze the effect … surveys-one a cross-section survey, the other two panel surveys. All come from China, a country where providers have until …