The Basic Concept Of Health Insurance Is Antithetical To The Premise On Which Personal Or Property Insurance Was Histori 1 (16.01 KiB) Viewed 61 times
The Basic Concept Of Health Insurance Is Antithetical To The Premise On Which Personal Or Property Insurance Was Histori 2 (16.01 KiB) Viewed 61 times
The basic concept of health insurance is antithetical to the premise on which personal or property insurance was historically defined because: health insurance is managed by third parties O other forms of insurance covered individuals against the low risk of rare events, while health insurance covers individuals for rare events in addition to predictable and discretionary services, most health insurance is provided by employers, whereas other insurance is personally purchased by individuals through brokers O unlike other personal or property Insurance, health insurance bases premiums on assessments of risk
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