Chapter 2 Flashcards
1
Q
Healthcare arbitrage
A
Choosing to have treatment abroad in the lowest cost country offering a similar quality
2
Q
Insurance premiums
A
Cost to fund the scheme
3
Q
International healthcare insurance
A
Offers additional benefits compared to the standard UK health insurance policy
4
Q
Medical expenses
A
Rated on the basis of age, countries visited and duration
5
Q
Public health expenditure
A
Total spend on public funds
6
Q
State health insurance
A
Provides free insurance counselling
7
Q
Statutory health insurance
A
Self employed and employees who exceed a certain income threshold may choose to stay with SHI or opt for private health insurance
8
Q
Total health expenditure
A
Sum of public and private health expenditure
