In: Operations Management
how do you provide effective medical benefits while also controlling the cost?(about individual health insurance)
Effective medical benefits are provided basically by government with financial support from hopsital chains and also through direct frun from government side. Also the mployers also provided medical coverage to their employers. Health is wealth. By keeping this success mantra in every aspect the money spend on medical benefit will give in return through good health and productivity of an individual which inturn give more financial benefit to the economy. The individual health benefit plans also become benefit during any treatment time whee the individual can make use of the coverage and save money for the treatment or any sort of illness, operations or accident. It protec the individual from spending lot of money for that and it will; get covered from the benefit of insurance through the premium the person paid according to the plans.