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…
Category: Featured
Asad Umar’s mathematics of the recent petrol price hike
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 | 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 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?
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
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
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…
USDT into PKR | September 14, 2021 | Cryptocurrency rates
Latest cryptocurrency rates update | USDT into PKR | Gofrixty Daily Crypto | September 14, 2021 | 09:00 +05:00 GMT | Tether, ISO code USDT, is a stable coin or often named stable currency that converts cash into digital currency. As per the coin market cap, it is the fourth largest crypto asset after Bitcoin, Ethereum, and Cardano Coins. The latest update of the conversion rate of the USDT into Pakistani currency as of September 14, 2021, i.e. Tuesday is Rs. 167.96 as of coin market cap. According to free…
The educational system of Sindh | A systematic review
“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…
FATF AND PAKISTAN: WHAT IS THE FUTURE?
FATF and Pakistan: Financial Action task force (FATF) is a global institution and it was founded in 1989 by a group of Seven (G-7) summits in Paris and its headquarter is located in Paris city of France. There are currently 39 member countries of FATF including Pakistan. FATF current president is Marcus Pleyer. Objective of FATF is to keep an eye on money laundering and globally terrier and it is an independent inter-government body that set and executes policies to protect the world from illegal activities like money laundering and terrorism financing.…
