Archive for April 1st, 2008
Tuesday, April 1st, 2008
Social Health Insurance
The scheme of paying for health care costs through a public insurance program based on fund contributions of individuals, company owners, and government grants is called Social Health Insurance. It is typified by the existence of sickness benefits fund which usually receive a relative contribution of their members’ earnings. Using these insurance contributions these funds pay for the medical expenses of their members, and may come to a point that these services are incorporated in the benefit package. Membership to those funds is basically dependent on professional, geographic, religious/political and/or nonpartisan standard. Generally, user fees are collected for a number of health care services to prevent indiscriminate use and to keep costs of social health insurance within their means.