There are two types of health insurance: mandatory and voluntary, depending on the purpose of the contract. What happens if I cannot afford health insurance? The answer to this question depends on the type of insurance you are interested in. If you need travel insurance to enter a certain country, but you can’t afford to buy it, you simply won’t be allowed into the country. On the other hand, you probably want to understand what can happen if you can’t afford regular health insurance. In this article, we’ll look at this question in more detail so you can get a clear answer.
If you can’t afford health insurance
Medicine in the U.K. is conditionally free, so you can always count on a public clinic to help you if you get sick. So having insurance in this case is not mandatory. All citizens of Great Britain can count on qualified medical care in state clinics. However, the purchase of medicines is paid by the patient.
If you find it difficult to pay for medicines, you should consider buying private health insurance. This will help you reduce the cost of medicines, because the insurance company will cover part of the costs. But you should conclude such a contract before you fall ill. If you do not have health insurance and you fall ill, you must understand that you will have to pay all the bills yourself. You will also have to use public clinics, which means waiting in lines and other problems. But you will get medical care. By using private insurance companies, you have the opportunity to reduce costs and get more qualified treatment quickly. So it’s worth considering this option if you can still afford health insurance.
The economic features of compulsory health insurance
- Massiveness. Mandatory health insurance applies to a large number of both individuals and businesses insured.
- Universality means that when signing a Compulsory Health Insurance Policy, each party to the subject of the contract, namely the insurer and the beneficiary take on the role assigned to them, by the contract, and undertake to fulfill the obligations imposed on them by the current legislation.
- Universality. Every insurance object that is specified in the previously concluded contract of compulsory health insurance should be insured on a compulsory basis, without exceptions. Unlike a voluntary health insurance policy, where this aspect of the issue is negotiated with each client individually, based on his personal desires.
- Accessibility. An insured person has access to any necessary for him insurance infrastructure, for full-fledged and unhindered execution of a process of registration of a medical insurance agreement.
- Uniformity. The procedure for mandatory health insurance is similar everywhere, regardless of the city, region and country, where it will be concluded, in contrast to a voluntary health insurance policy, where the procedure for the insurance procedure may vary in relation to both the insurance company and the beneficiary.