Understanding basics and challenges of U.S. Health Insurance and lessons India can learn from them
United States has predominantly two types of insurance – Private and Public. Private health insurance is often offered through employers or other organizations. Public insurance is funded by government broadly through two categories – Medicare and Medicaid. Medicare is funded through federal government for aged population who are age 65 or older. Medicaid is state-run government insurance program that helps some people with lower income for medical care.