Concept information
Preferred term
health care insurance
Definition
- Health care insurance is a contractual arrangement through which individuals spread the financial risk of unexpected and costly medical events. By enabling the voluntary pooling of health-related financial risks, health insurance enhances social welfare. [Source: Encyclopedia of Social Problems; Health Care, Insurance]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/health_care_insurance
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