Human Perception Towards Health Insurance

Topics: Health care, Health insurance, Insurance Pages: 16 (1951 words) Published: April 17, 2014
CHAPTER 1
“HUMAN PERCEPTION TOWARDS HEALTH INSURANCE “
INTODUCTION
For an individual, either at a personal level or the family front, of which he or she is a part, health is an extremely important subject, which needs to be given priority. Life is full of uncertainties, and unpredictable. We need to be prepared for such circumstances. Leading a happy life, involves good planning and analysis for your personal health. Accidents do happen and you need to be prepared for such situations. In times of high health cost, you need to get covered for health risks. Now a day’s health care expenditure is consistently increasing ,in this situation more money are required to paid hospital bill or expenses, most of the people use out of pocket for the health care expenses or in some cases also sell his or her personal assets. One way for the poor to protect their health is through insurance. By helping low-income households to manage their health risks, health-insurance can assist them to maintain a sense of financial confidence even in the phase of significant vulnerability. Insurance reduce a person’s uncertainty concerning the time and amount of possible future expenses that may incur. There are various health insurance schemes such as social health insurance, private health insurance and so on. The basic principle is that people contribute a specified amount to an insurance fund which is used to finance health services.

1.1 Statement of the objective
The overall objective of the study is to know the perception of Health Insurance among the customers. To attain this over- all objectives, the study aims at the following specific objectives: 1. To find out customers purpose for purchasing Health Insurance. 2. To find out the importance of health insurance in people. 3. To know whether income standard affects the purchase of insurance plan.

1.2 Statement of the Problem
This study aimed to determine the high cost of Medical Expenses which bought to concern the following: 1. What is the profile of respondents if grouped according to: a. Age
b. Gender
2. To what rate the respondents evaluate the quality of health care you have received in the last 12 months. 3. Having a personal or family doctor, or other health care professionals such as nurse that usually rely on if need medical care. 4. If covered by Medicare or by Medical Plan.

5. The time that respondents not covered with insurance.
6. What rate of respondents current insurance health colleague. 7. To determine how long the respondents covered with main health plan. 8. What are the purposes of respondents in purchasing health insurance. 9. The importance of health insurance to the respondents.

10. The effect of health insurance in the standards of income.

1.3 Theoretical Framework
The researchers were focused on the three-figure classification of the study which includes the profile, factors considered to find out the importance of health insurance in people and the outcome.

1.4 Significance of the study
To the students- the study helps the students to become aware about health insurance. To the researcher- the result of the study would provide the necessary information and deeper insight about factors that lead to the difficulty in health insurance.

1.5 Scopes and Limitation

The researcher was focused on the benefits in health insurance especially those who have low income who can’t afford to go for medical expenses,by this it can help to provide their needs. The study covered the chosen health insurance member in city of Imus .The researchers gathered thirty(30) respondents (students, and professionals) composed of male and female in Cavite. Almost 25 % says that the purpose of why they purchase health insurance is for their securities .Opinions of consumers is likewise important. This can help for the insurance company.

1.6 Review of Related Literature
Heath insurance is...

References: Health Insurance Is a Family Matter ( Washington D.C )
The Impact of Health Insurance on Low- and Middle-Income Countries
Author : R. Paul Shaw
Understanding about health insurance edition 11 (A guide to billing and reimbursement)
Author: Michelle A. Green and John C. Rowell
http://www.nap.edu/
http://www.theglobaljournals.com.php
http://www.amazon.com/Health-Insurance-Industries-Professions-Books/b?ie=UTF8&node=2644
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