Difference Between Health Care And Health Insurance

By Author: Andy Smith
Total Articles: 13
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Due to their unpredictable nature, an individual can feel the stress to develop a contingency plan in order to overcome these risks. Health risks are one of them forming cyst to get a health insurance policy. We cannot predict health risks but we are sure that we will have to incur medical costs in case of a health emergency.

We lot of times confuse health care with health insurance. Health care is a totally different phenomenon from health insurance yet they both fulfill same motive of remaining healthy. Health insurance begins from the point where health care ends. Health care is the diagnosis, treatment, and prevention of disease, illness, injury and other physical and mental damage to the individual. Health care is always delivered by doctors, medical practitioners including doctors, chiropractic, dentist, nursing, pharmacy and related health. Health care system varies from one country to another country where in some state and federal governments sponsor health care expenses while there are some under developed countries who do not sponsor for health expenses under state government programs. Most of the developed ...
... economies spends huge budgets on providing quality health care to their citizens.

Health insurance is a concept aimed to cover financial costs and impact associated with medical treatments. It compensates for the financial expenses incurred on health care and medical treatments. The most important factor is the mitigation of financial risk as burden is transferred to insurer for exchange of insurance premium. Health insurance provider agrees to provide financial compensation in form of sum assured under the policy. Major health insurance plans provides for pre and post hospitalization expenses with most of them providing for in-patient treatment as well. An individual can take opt special coverage plans in order to take cover for pre-existing and critical diseases which are normally not provided. Health insurance benefits immensely to an individual in case of any medical emergency. Most of the health insurance plans covers ambulance charges and provides daily hospital cash allowance as well. They also cover pre-existing diseases and major illnesses as well.

Health insurance in India can be bought online with the help of insurance aggregators. It has emerged as the most convenient mode of buying it since these aggregators provide comparison tools helping us to buying a suitable policy meeting our insurance motives. This channel of buying insurance is also helpful for the people looking to buy economical health insurance policies as it does not involve any middlemen thus saving in costs to the insured.