Health Products

Question 1

Health - list

Answer 1

1. Private medical insurance
2. Critical illness
3. Ltc
4. Cash benefits
   *gap
   *hospital cashback
   *major medical expenses
   Personal accident

Question 2

Medical Reimbursement mechanism

Answer 2

1. Fee for service
   *no restrictions
   2.negoriated fee for service
   *tarrif and remuneration for each service is defined
   *might include out of pocket co payments
2. Global fee
   *fixed tariff fee per episode
3. Capitation
   Same fee paid whether service is used or not

Question 3

Medical trends and features

Answer 3

1. Basic need
2. Information asymmetry
3. Lack of info for customers
4. Increasing cost
5. Uncertainty