In: Economics
Numerous government insurance programs are in operation at the present time. However, social insurance is usually treated as a part of social policy with each country having different solutions. List the major social insurance programs in your country. Take into consideration both obligatory and voluntary solutions as well as public and private plans.
One of biggest healthcare programs in India is Modicare much like the Affordable care Act in UsA.
The Social Insurance programme Modicare aims to provide insurance and affordable health care as well as subsidies to critical illnesses. The biggest drawback is execution and implementation and the obligatory voluntary solution is definitely adoption of risk management and implementation committes to check its execution and delivering primise.
However public private solutions suggest integration with Internet of Things as technology solutions as well as adoption of technology at hospital sonetimes which raise costs exponentially. Fixed wages and determination of supply kf physicians is another solution offered by public.