Medical health insurance

Life is precious. We dont know what will happen to us in near future and we are also unaware about what type of problem may disturb us at what point of time Remember, distress and calamities will not come to us with prior intimation. There is no alert message or danger alarm in this regard. Therefore, we have to act as a pro-active person and therefore, as a matter of fact the only answer to it is buying an insurance policy. Today, in this article we will not peep into medical health insurance as a whole, but we will see only a segment of it, i.e., Health insurance.

Health insurance is nothing but a plan, for which you have to pay previously in the form of a premium. This will provide medical services or medical indemnities for medical health insurance care, which are in need at the time of illness or disability. For this, a voluntary plan has to be opted. This voluntary plan may be commercial or non-profit subject to the nature of the plan. There are various options available such as individual plan as well group insurance plans. A person can act as the main prosper and may include his family members and near and dear ones. In case of compulsory group health insurance plans, these are usually related to social security plans.

Now, lets see into historical aspect of medical health insurance. Most probably, for the first time during the period 1883-84, a compulsory accident and sickness insurance plan was introduced in Germany at the initiative of Otto von Bismarck. Later on, many countries find it very suitable and effective. Thereby, countries like Great Britain, the erstwhile Soviet Union, France, etc. adopted this unique system of health insurance plan after the First World War. In Great Britain, the Government declared the National Health Insurance Act in the year 1946, which came into effect with most comprehensive compulsory medical care plan. Under this plan, individuals were allowed to obtain free medical attention from any doctor, who is a participating member in the National Health Service. Later on, on the basis of this plan, many countries including Europe and Asia designed and adopted several kinds of health insurance plans. The United States is the only nation without some form of comprehensive national health insurance.