What is pooled risk in terms of healthcare insurance system?

pooled risk in terms of healthcare insurance system definition and concept explanation

The health insurance systems that could be both, private or public, and are funded on the basis of the principle of pooled risk, which assumes that if there are a few high-risk people and a lot of low-risk people all pay premiums to the insurance system over many years, then there will be a pot of money that could be used to pay for the illnesses and injuries in case they occur. The whole concept is called Pooled risk in terms of the healthcare insurance system. Van Thompson defines pooled…

Factors influencing my buying behaviour & Black Box | Initial post

Factors influencing buying behaviour

Factors influencing buying behaviour | In this post, I will discuss the personal and psychological factors that have a significant influence on my buying behaviour. Having analysed my recent and planned purchases, the personal factor is the factor that has driven me in my buying decisions. The purchase I will focus on is a pair of Pandora earrings. Personal factors & Buying Behaviour There are sub-factors in the list of the personality factors influencing buying behaviour. These are discussed as follows. Age and life-cycle stage  I am at an age that I…

What is meant by the term Universal Health Coverage?

Universal Health Coverage

When everyone in a particular country has access to high-quality health care services that also includes diagnosis of disease, preventive care, treatment, and rehabilitation as well is called Universal Health Coverage (UHC). When every individual is protected from major health-related financial shocks through a financing system that is tax-based or simply a health insurance plan, we say that UHC is present in that population. The United Nations Organization working so effectively in the same mission to ensure that every individual can access the good quality of health services without facing…

What is a health system? Its major components or Building blocks | Global Health Financing

Global health financing health system and its major components

The health system is providing quality services to the people who require them at any particular time. These systems vary from country to country, but ultimately the adjoins to meet at the point of order of fulfilling the batter services to provide good health to individuals at the end. The Health system also includes utilization of facilities, qualification of experts, medicines, and technology in order to deliver good health care services. An Important Topic ✒ What is Capital Market: What’s the purpose of the capital market in business world? By…

4 Factors Influencing Consumer Buying Behaviour

consumer buying behaviour

It is always an important task for a business for profit-oriented organizations to study the needs, wants, and demands of the consumers. Consumers always look as per their personal choices. But marketers must know that there are several factors, other than personal choice, which can also affect consumer buying behaviour. They have been studied by enormous researchers and marketers as well. Philp Kotler and his co-writer Armstrong also wrote in their book “Principles of marketing” that there are actually 4 factors that can affect the decision of the consumers in…

The educational system of Sindh | A systematic review

The education system of Sindh

“Sindh has fallen behind the world in terms of quality education, as the demand for better schools is growing rapidly while the supply of quality schools is just not keeping pace.” Education plays an important role in the development and prosperity of the country. The quality of education is the backbone of national progress. As Christine Gregoire said: “Education is the foundation of our future.” If we look back at history, we have an example. Japan, a country that completely declined after the war, but as the saying goes, “bless…

Man is not made for defeat | A motivational script

Man is not made for defeat a motivational script

Old maxim hold water, “Good things come to those who wait, Better things knock the door of martial brave and Best things always come in lap of those warriors who strenuously strive hard for pursuing warmly glowing dreams of their prime lives“. As for those dedicated strugglers and hard workers, Earnest Hemingway says for them A man can be destroyed but cannot be defeated Indeed, a man is not made for defeat. In the unalterable law of life, a man is the Arch-master of his writ of destiny one has…

4 helpful tips to avoid toxic people in your life in 2021

4 tips to avoid toxic people by zainab kazmi

Toxic people are the most annoying individuals one could surround. They impart such a negative impact to one’s life. Such people drain your energy of being productive and waste your brain cell fighting the depression they cause in one’s life. People who tend to run their business and want to be successful in their lives. They must avoid surrounding themselves with negative people. Because such people never let you live in peace and would let you be successful in your life. Also read Successful People – 10 Habits To Adopt…

Dr Wajid Hussain Bhutto | A Biography

Dr Wajid Hussain Bhutto A biography

Dr Wajid Hussain Bhutto A man of letters who Dedicated the whole life to his poor community. Words are short to describe his angelic personality but despite that, I would like to shed like few words of wisdom in the feather of his cap. In the current Social affairs of Jacobabad, One of the brightest stars in today’s shining stars is Dr Wajid Hussain Bhutto. The great philosopher Karl Marx said, History is really nothing. It is not a goddess, It is not a fight, In fact, the individual is…

Indian Trust Act 1882 – A Brief Introduction

Introduction The Indian Trust Act 1882 was passed on 13 of January 1882 and it was implemented on 1 March 1882. This act was passed by the imperial legislative council of India. This Act is the second Act that was passed in 1882 or we can say that this was the number 2 Act of 1882. Indian Trust Act consist of 9 chapters and 96 sections and here we will discuss some important chapters and sections of this act Why did we call it Indian Trust Act? We called it…