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Topic: whether insurance can solve economic problems - page 2. (Read 198 times)

member
Activity: 448
Merit: 10
I believe that insurance can at least alleviate the financial shortcomings but this however depends on the country. If you are from the 1t world country, then insurance is really helpful to the citizens but if you are a citizen coming from the 3rd world countries, I believe the insurance could be worst. Therefore, insurance from the rich nations can only feel that their government is really doing their work through the implementation of their insurance system to the community.
member
Activity: 490
Merit: 14
Insurance has many choices or a variety of insurance policies are savings for the future. Thinking for a long range is a very wise thought.
jr. member
Activity: 168
Merit: 2
Having insurance might even save your life, enabling you to get medical treatment that you may not have been able to get, if you did not have insurance to help pay.

Besides the protection from financial ruin that insurance provides, insurance can provide peace of mind, knowing that you or your loved ones ARE protected in the event something bad should happen.

But this is not for big economics of countries. however wisely chosen utilization of natural resources may act as insurance for many countries
jr. member
Activity: 168
Merit: 2
Having insurance might even save your life, enabling you to get medical treatment that you may not have been able to get, if you did not have insurance to help pay.

Besides the protection from financial ruin that insurance provides, insurance can provide peace of mind, knowing that you or your loved ones ARE protected in the event something bad should happen.
newbie
Activity: 141
Merit: 0
I think insurance has not been able to overcome my economic problems, insurance only addresses the problem of anxiety, if something happens there is insurance that guarantees it. but the real economic problems have not been overcome.
newbie
Activity: 45
Merit: 0
Paying for an invisible item that most of the time you have to jump through hoops to claim is not going to solve any problems and will most likely cause more.  If everyone paid out of pocket and the governments stepped out of the way prices would decrease dramatically.
newbie
Activity: 112
Merit: 0
Does your country have insurance and whether is it useful to overcome your economic problems,

I see in some countries only people who have enough economics who have insurance
and those who are poor do not have insurance.
is this fair.
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