Understanding the Meaning and Significance of Health Insurance
Radhika Kapur
Dr. Radhika Kapur, Pedagogy and Organizational Culture in Nursery Schools, Delhi University, New Delhi, India.
Manuscript received on 01 July 2023 | Revised Manuscript received on 10 July 2023 | Manuscript Accepted on 15 July 2023 | Manuscript published on 30 January 2024. | Manuscript published on 30 July 2023 | PP: 24-29 | Volume-3 Issue-5, July 2023 | Retrieval Number: 100.1/ijpmh.B103904020124 | DOI: 10.54105/ijpmh.B1039.03050723
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© The Authors. Published by Lattice Science Publication (LSP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The individuals, belonging to all communities are overwhelmed by different types of health problems and illnesses. Furthermore, within one’s life, there are occurrences of accidents and disasters. Hence, it is of utmost importance for individuals to acquire a thorough understanding of the meaning and significance of health insurance. Individuals are required to supplement their information in various ways necessary for promoting good health and well-being, both physically and psychologically. Acquiring health insurance is regarded as one of the significant aspects that individuals need to consider. Individuals are required to possess a certain monthly income. The reason is that to purchase insurance policies, individuals are required to have a certain amount of financial resources. The reason is that they are required to pay the premium. It is usually paid for three years or five years to claim the sum on maturity. Not everyone is eligible to purchase health insurance policies. Therefore, it is widely understood that health insurance is vital, a fact that individuals should acknowledge. As a consequence of meeting the criteria, individuals are required to purchase health insurance. In this manner, they will make a significant contribution to enhancing their overall quality of life. The main concepts considered in this research paper are understanding the meaning and significance of health insurance, measures to be implemented for the upgradation of health insurance, and the advantages of health insurance.
Keywords: Health Care Facilities, Health Insurance, Job Duties, Medical Benefits, Policies, Up-gradation, Well-being
Scope of the Article: Health Informatics