Question

In: Finance

Private Voluntary Health Insurance as a form of health care financing,what are the advantages and disadvantages?

Private Voluntary Health Insurance as a form of health care financing,what are the advantages and disadvantages?

Solutions

Expert Solution

Private Voluntary health insurance

Advantages:

Saves the health care expenses from paying

Claims are hassle free

There is no limit for health insurance sum assured

Disadvantages:

Premium shall be higher

Non-covered deceases


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