Country of Operation
Target income level
- Bottom 20%
- Other/not applicable
SummaryBIVE is a health insurance scheme which targets low income populations to make quality healthcare services more affordable and accessible.
BIVE is a social business that generates no losses nor does it pay dividends. The program instead aims to solve the social issue of how to provide affordable healthcare to the poor.
Key program components
BIVE is a social business subsidiary of Grameen Caldas. The model involves an annual membership fee which costs $35 USD, and allows families to access healthcare services at prices up to 70% lower than the market rate. Private doctors in the BIVE network receive increased patient volume, and the patients pay in cash. BIVE also tracks patient data, enabling them to provide value-adding services such as educational text-messages and referrals to other well-being institutions for vulnerable populations.
Revenue Sources: Membership/subscription fees
- Grameen CaldasNot-for-profit