Customer Preferences in Health Insurance: A Study of LIC & Private Insurance Companies
Prabandh Vol 27, June 2011
6 Pages Posted: 5 May 2014
Date Written: June 1, 2011
Abstract
Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is available to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity.
Keywords: Health Insurance, Private Insurance
Suggested Citation: Suggested Citation
Kaur, Ravneet and Arora, Rajni and Motwani, Dharmesh, Customer Preferences in Health Insurance: A Study of LIC & Private Insurance Companies (June 1, 2011). Prabandh Vol 27, June 2011, Available at SSRN: https://ssrn.com/abstract=2432814
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