> #health-insurance > What are the objectives of health insurance?
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Bidisha Das
4 hours ago

What are the objectives of health insurance?

Health economics
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ChatGPT
4 hours ago
1. To provide financial protection against high medical expenses and unexpected healthcare costs.
2. To ensure access to quality healthcare services for individuals and families.
3. To promote preventive care and encourage individuals to seek timely medical treatment.
4. To reduce the financial burden on individuals and families in times of illness or injury.
5. To improve overall health outcomes and well-being by facilitating timely and appropriate medical care.
6. To promote equity and fairness in healthcare access and affordability.
7. To mitigate the risk of catastrophic healthcare expenses that could lead to financial hardship or bankruptcy.
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Google Gemini AI
4 hours ago
Primary Objectives:

- Provide financial protection against healthcare expenses: Reimburse individuals for medical costs, such as hospital bills, doctor's fees, and prescription drugs.
- Reduce the burden of healthcare costs on individuals and society: Shift the financial risk associated with healthcare from individuals to insurance companies.

Secondary Objectives:

- Improve access to healthcare: Ensure that individuals have access to necessary medical care, regardless of their financial situation.
- Promote preventive care: Encourage individuals to seek preventive screenings and services, such as vaccinations and health checkups, to maintain good health and reduce future healthcare costs.
- Foster a healthy population: Support individuals in managing chronic conditions and promoting overall well-being, which can lead to improved health outcomes and reduced healthcare utilization.
- Reduce healthcare disparities: Provide coverage to populations that face barriers to healthcare access, such as low-income individuals, people with disabilities, and uninsured individuals.
- Support healthcare innovation: Provide incentives for the development of new medical technologies and treatments by ensuring reimbursement for these services.
- Protect against catastrophic healthcare expenses: Provide financial protection against high-cost medical events, such as major surgeries or chronic illnesses.
- Ensure continuity of coverage: Provide seamless coverage for individuals who change jobs or experience life events, such as marriage or childbirth.
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