Abstract
Not available. Journal of Lumbini medical College Vol 5, No 1, Jan-June 2017, page: 1-2 DOI: https://doi.org/10.22502/jlmc.v5i1.127
Highlights
‘Health Insurance’ is a relative term that relates to a contract wherein the individual contributes a regular premium with the expectation that if something happens to the individual in question, the insurer will provide for the individual
From the beginning of 20th century various interest groups began developing relationship with Health Insurance plans, but it was only in 1965 when American Congress came with solid proposal and enacted Medicare and Medicaid
Five decade later in the year 1946, the British Parliament passed the Health Act known as National Health Services (NHS) which came in operation in 1948
Summary
‘Health Insurance’ is a relative term that relates to a contract wherein the individual contributes a regular premium with the expectation that if something happens to the individual in question (insure), the insurer will provide for the individual. USA seems to be the first country to seek Health Insurance. In the early 1847 Boston's Massachusetts offered Health Insurance policies with a relatively comprehensive list of benefits. The plans were to provide accidental insurance coverage for injury related to travel by railroad or steamboat.
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