Etini Willie
Active member
- Credits
- $2.92630
According to medicalnewstoday.com, Health insurance is a type of insurance that helps cover the cost of an insured person's medical and surgical expenses. It basically means that when you buy a health insurance policy, the insurance company takes either part or allof the expenses anytime you fall sick, depending on the coverage of the policy.
In Germany, there are two types of health insurance, these are:
1) Public Health Insurance: This is run and administered by the government.
2) Private Health Insurance: This is run and administered by private insurance companies.
This post would be digging into the intricacies of the private insurance sector of Germany.
1) Private Insurance in Germany is not tied to your income: When you buy a private health insurance in Germany, you are at liberty to pay your premium or not. It is not automatically calculated and deducted from your income.
2) A private health insurance policy in Germany depends primarily on age: Age plays a major role in determining the cost of your insurance policy in the private insurance sector in Germany. If you buy a private health insurance at a young age on Germany, it is relatively cheaper.
3) The cost of private health insurance is dependent on coverage: The more the coverage of the insurance policy, the higher the price of the policy.
So that's how private health insurance works in Germany.
In Germany, there are two types of health insurance, these are:
1) Public Health Insurance: This is run and administered by the government.
2) Private Health Insurance: This is run and administered by private insurance companies.
This post would be digging into the intricacies of the private insurance sector of Germany.
1) Private Insurance in Germany is not tied to your income: When you buy a private health insurance in Germany, you are at liberty to pay your premium or not. It is not automatically calculated and deducted from your income.
2) A private health insurance policy in Germany depends primarily on age: Age plays a major role in determining the cost of your insurance policy in the private insurance sector in Germany. If you buy a private health insurance at a young age on Germany, it is relatively cheaper.
3) The cost of private health insurance is dependent on coverage: The more the coverage of the insurance policy, the higher the price of the policy.
So that's how private health insurance works in Germany.
