The value of your life

Author: Delanoff
Publisher:
Publish Date: 2004-04-01
Features: Rationing is not a good term in the field of medical insurance, but if the substantial savings it achieves can provide a convincing explanation for its outcomes, it might not be all bad. Overall, rationing is a special product that has not been carefully weighed for its pros and cons. However, in recent years, some medical insurance policyholders have begun to gradually rationalize rationing to ensure maximum benefits in the medical insurance system. This book introduces medical insurance systems around the world, covering the rationing methods of medical insurance in various countries and the process of transitioning to rationalized rationing. Medical rationing is a highly controversial issue—should medical insurance be rationed? How is medical rationing different from rationing of other goods? Does medical rationing involve the valuation of human life, and is it ethically and morally acceptable to assign a price to life? Given the limited social assets, institutions and individuals such as the Institute for Clinical Effectiveness Evaluation, life insurance economists, and others have provided unique insights and research findings on medical rationing.