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Voluntary Health Insurance.edited

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Running head: VOLUNTARY HEALTH INSURANCE Voluntary Health Insurance Name Instructor Course Date 1 VOLUNTARY HEALTH INSURANCE 2 Voluntary Health Insurance Voluntary health insurance (VHI) refers to schemes that individuals make decisions to join and continue paying premiums. Health insurance is essential in that it helps minimize on the out-of-pocket payments. There are varied voluntary health insurance plans ranging from community-based health insurance to employer-based health insurance schemes. Voluntary health insurance plans vary from one country to the other depending on the economy of the country. VHIs among low and middle-income countries are mainly community-based type mainly covering user charges. VHIs in the high-income countries are made to complement the public funded schemes in form of specific medical facilities or professionals, exceptional services, or co-payments ( ...
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