Abstract
Social impact bonds (SIBs) are pay-for-success arrangements that can be used to address public
health issues such as asthma and infant mortality. SIBs are used as financing mechanisms to raise
upfront funding from private investors for social and public health preventative interventions. They
function by leveraging the anticipated savings of prevention as a source for potential financial rewards
for the intervention’s investors.
Schmit, Cason (2014). Public Health Law and Policy Innovations: Social Impact Bonds. Office for State, Tribal, Local and Territorial Support, Centers for Disease Control and Prevention. Available electronically from
https : / /hdl .handle .net /1969 .1 /166256.