Co-insurance, Out-Of-Pocket Expenses, Private Insurance, & Public Insurance

Co-insurance, Out-Of-Pocket Expenses, Private Insurance, & Public Insurance

In this article, four concepts of the healthcare insurance systems including Co-insurance, Out-Of-Pocket Expenses, Private Insurance, & Public Insurance are discussed and explained briefly. Let’s get started with the definition of Co-Insurance in terms of healthcare insurance system followed globally.   Co-insurance in terms of healthcare insurance system A percentage of the costs of care that an insured patient has paid out-of-pocket is called Co insurance. Out-Of-Pocket Expenses in terms of healthcare insurance system The costs for medical care which are not supposed to be reimbursed by insurance are called…

Common Problems Encountered During Production of Recombinant Proteins and their Solutions

Production of Recombinant Proteins

Introduction Recombinant Protein Recombinant protein is a modified form of protein, which is generated in many ways to produce large quantities of proteins, alter gene sequences and produce useful commercial products. The formation of recombinant protein is carried out in specialized vehicles known as vectors. Recombinant protein is a protein encoded by a gene — recombinant DNA — that has been cloned in a system that supports the expression of the gene and the translation of messenger RNA. Proteins co-expressed in bacteria will not have post-translational modifications, e.g. phosphorylation or…

Bioprocessing of VLPs used in vaccine production

Bioprocessing of VLPs used to produce veccines

History of VLPs: (As compounds of advanced vaccine Strategies) Bioprocessing of VLPs | Gofrixty | Previous to 1969 anti-viral vaccines were either derived from inactivated viruses such as rabies vaccine, attenuated strains of pathogenic wild type viruses such as (yellow fever or poliovirus) or they were using non-pathogenic viral strains to persuade a defending immune response against pathogen family members like a vaccine of smallpox containing harmless vaccinia virus. Since then particles based on HBsAg were firstly revealed in the blood samples of patients infected with HBV and soon were…

What is Deductible & Copay in terms of healthcare insurance system?

What is Deductible & Copay

Both deductible & Copay are key terms to understand as they have wide use in the healthcare insurance system globally. The concepts of both the terms are discussed below in their respective headings. Deductible in terms of healthcare insurance system The amount that must be spent by an insured person out-of-pocket on health care every year, in addition to the extra premium, well before the insurance company starts to pay for health care services is called Deductible. Keep Reading: What is Universal Health Coverage? What is health system? What is…

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…

Asad Umar’s mathematics of the recent petrol price hike

Asad Umar mathematics of the recent petrol price hike comment of Murtaza wahab

Since yesterday a hashtag of RS 5 was trending on Twitter in Pakistan. That was because of the recent increase in the price of the patrol by Rs 5 by Pakistan’s governing bodies. In response to the recent price hike, Murtaza Wahab Siddiqui, Advisor to Chief Minister Sindh on Law & Environment, Spokesperson Sindh Government – Deputy Information Secretary, PPP Sindh and Former Senator, commented on Asad Umar’s Tweet that he published on February 1, 2016. Asad Umar wrote when he and his party (PTI) was in opposition and PML(N)…

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…

Mullah Baradar & Narendra Modi among Time’s 100 most influential people 2021

Mullah Baradar Narendra Modi and Imran Khan 100 most influential list of 2021

Mullah Baradar Abdul Ghani’s name has been listed in the Time’s 100 most influential people 2021 list. Along with Mullah Baradar, there is a list of some notable people who are also being listed as world’s 100 most influencing personalities. India’s Prime Minister Narendra Modi and Afghanistan’s Women’s rights activist Mahbouba Seraj are also among the list of 100 top influencers of 2021. Afghanistan’s charismatic military leader and co-founder of Taliban, Mullah Baradar, is a deeply pious personality. Currently, the people of Afghanistan are now at the verge of Mullah…

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…