There is a lot
of difference in the health insurance in India and the USA,some of them are as
follows:
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In USA
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In India
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Mandatory coverage/voluntary coverage
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It is almost mandatory in the USA that each
individual be covered under a health scheme.
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it is voluntary for employers to provide health
insurance to employees.
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Difference in the definition
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Health insurance cover includes everything, starting
from a visit to the doctor for something as small as fever, to
hospitalization for the treatment of more serious diseases and operations.
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Health Insurance coverage is essentially limited to
hospitalization. If an individual has to visit his family physician, the bill
accrued therein, will not be paid for by the health insurance company. He
will have to pay himself.
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A new law
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a particular law suggests that when an employee who
is enjoying health insurance benefits with his current employer, resigns from
the company, he will still be eligible to the health insurance benefit, for
the time period until which he can find himself another job that will again
give him a health insurance benefit.
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an employee gets the health insurance benefit only
as long as he works for the company that voluntarily provides him with it.
Once he resigns, he remains uncovered, unless he has a health insurance
policy of his own.
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Premium rates
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The premium rates are higher in the USA
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Lower in India
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Online applications
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all formalities are done through the web
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we regard personal touch to everything
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Regulatory matters
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The money spent on healthcare in the United States
is quite much more than any other nation in the world, and active debates
relating to the improvement of healthcare reforms form the top agenda of the
democrats.
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there is an absence of a governing body and
regulatory mechanism in the health insurance sector in India.
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State-wise differentiations
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USA is a federation, wherein each state has its own
constitution and frames its own rules
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India is a union of states
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Disability benefit
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Health policies in the USA most of the time carry a disability
benefit
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only accident policies carry the disability benefit
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