Health conditions could impair an individual’s ability to acquire wealth. However, people with a higher net worth in their midlife seem to live long irrespective of the health issues they face, found a new study.
Health Insurance
Health insurance has emerged as one of the fastest growing segments in the non-life insurance industry with 30% growth in 2010-11 with annual premium collections being over Rs 6,000 crores.
Health insurance has emerged as one of the fastest growing segments in the non-life insurance industry with 30% growth in 2010-11 with annual premium collections being over Rs 6,000 crores.
‘People with a higher net worth could have a longer life. Policies that promote financial securities at the individual level are required from a public health perspective.’
“The within-family association provides strong evidence that an association between wealth accumulation and life expectancy exists because comparing siblings within the same family to each other controls for all of the life experience and biology that they share,” said Eric Finegood, a postdoctoral fellow in the Institute for Policy Research at Northwestern University. As health conditions could impair an individual’s ability to acquire wealth due to activity limitations or healthcare costs, they re-analyzed the data by concentrating only on the individuals without any history of cancer or heart disease.
In this analysis also, the within-family association between wealth and longevity remained the same.
Critical Care Health Insurance Plan
A critical illness policy is exactly what it says – it is used for when you are critically ill and your health policy may not be enough.
A critical illness policy is exactly what it says – it is used for when you are critically ill and your health policy may not be enough.
“Our results suggest that building wealth is important for health at the individual level, even after accounting for where one starts out in life. So, from a public health perspective, policies that support and protect individuals’ ability to achieve financial security are needed”, explained senior study author Greg Miller.
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Quiz on Health Insurance
This Quiz is to test your knowledge on health insurance in the U.S, there is so much activity with the new law and building of Health Exchanges – all peaking for a January 2014 deadline.
This Quiz is to test your knowledge on health insurance in the U.S, there is so much activity with the new law and building of Health Exchanges – all peaking for a January 2014 deadline.
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Are Medical Expenses Making a Hole in Your Pocket?
Find out why many of us are forced to resort to out-of-pocket medical expenses instead of relying on health insurance.
Find out why many of us are forced to resort to out-of-pocket medical expenses instead of relying on health insurance.
