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Factors influencing the intention to subscribe to voluntary social insurance of farmers: A case study in Phu Yen Province

Hoang Thu Thuy 1, *
Bui Hoang Minh Thu 2
  1. Nha Trang University
  2. Social insurance of Phu Yen province
Correspondence to: Hoang Thu Thuy, Nha Trang University. Email: [email protected].
Volume & Issue: Vol. 2 No. 4 (2018) | Page No.: 54-62 | DOI: 10.32508/stdjelm.v2i4.530
Published: 2019-03-29

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This article is published with open access by Viet Nam National University Ho Chi Minh City, Viet Nam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited. 

Abstract

To verify the factors affecting the intention to subscribe to voluntary social insurance of farmers in Phu Yen Province, the study made use of primary data collected from the survey on 325 farmer households in 4 localities in Phu Yen. Employing a model with 7 independent variables, we found that the intention to voluntary subscription to social insurance of Phu Yen farmers is determined by 5 factors, including “Awareness of voluntary social insurance policy”, “Attitude towards subscription”, “Risk awareness”, “Subscription procedures”, and “Moral responsibility”. Based on this result, we propose some policies to encourage farmers in Phu Yen to voluntarily participate in social insurance, in particular renewing organizing quality, raising farmers’ awareness of the necessity for voluntary social insurance, improving policy mechanisms and strengthening the State’s management.

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