Page 40 - Ebook health insurance IC27

The Insurance Times

Employment-based health insurance

 Here employer and employee pay their contribution for health insurance
 It may be with or without additional government support
 It covers healthcare for employees as well as their dependents
 This type of health insurance may take several forms like somewhere it may be

mandatory or voluntary or tax-deductible contribution to health plan

Commercial health insurance

 Private health insurance companies offer health insurance products
 Customers need to purchase the health insurance coverage
 There is no government support
 This is not mandatory and people who can afford, buy it

Out of pocket payments by household

 Healthcare expenses are paid by individuals themselves
 They directly pay the amount to healthcare providers like hospitals
 They do not avail of any kind of health insurance
 They do not take the support of government

Experience of Health insurance schemes in various countries

Germany
 Over 90% of residents receive health care through statutory health insurance
 There is a non-profit sickness fund that collect premium from members and pay

healthcare providers according to pre-negotiated agreements

4 4 Guide for Health Insurance