National Health Insurance
Updated: 20 November 2024
What Does National Health Insurance Mean?
National health insurance is a type of health insurance provided by a nation’s federal government to its citizens. The coverage is typically funded through taxation.
Insuranceopedia Explains National Health Insurance
The benefit of national health insurance is that it ensures citizens who may not otherwise be able to afford health coverage do not have to go without it. However, the downside is that it is often costly and can lead to a significant increase in taxes.
Countries that have adopted national health insurance include Norway, New Zealand, Japan, Germany, Belgium, the United Kingdom, Kuwait, Sweden, Bahrain, Canada, the Netherlands, and Austria.
