Contents:
- Medical Video: The Structure & Cost of US Health Care: Crash Course Sociology #44
- What is Islamic insurance?
- Pros and cons of sharia health insurance
- Pro
- Counter
Medical Video: The Structure & Cost of US Health Care: Crash Course Sociology #44
Among the many types of health insurance available, you must know the term sharia health insurance. Islamic insurance is often the choice of some people because it feels to have a plus value compared to the type of non-sharia insurance. Even so, there are still many pros and cons that occur in the community regarding this one insurance. So, what are the pros and cons of sharia health insurance that are still widely discussed? Here's the review.
What is Islamic insurance?
Sharia insurance is a type of insurance by applying business principles. Please help (ta'awuni) and protect each other (takafuli) among participants by forming a collection of funds (tabarru) managed according to sharia principles to deal with certain risks.
In sharia insurance a system is implemented where participants will donate part or all of their investment funds if there are other participants who experience disaster.
Thus, among Islamic insurance participants the principle is mutual and there is no transfer of risk from participants to companies as in conventional insurance. Therefore, the role of the company is only as a trustee in managing and investing funds from participants.
Pros and cons of sharia health insurance
Even though it carries sharia names but in fact this one insurance still has pros and cons. Here are the various pros and cons of sharia health insurance.
Pro
The following are various things that are superior values of sharia health insurance that are positive in the eyes of the public.
Usury free
Usury is the most common debate in every banking product, including insurance. But in general Islamic insurance, including health, this problem is no longer a problem. Islamic insurance has been guaranteed to be free from usury. Therefore you do not need to worry because the funds submitted to the company will be managed in accordance with the agreement of both parties at the beginning of the agreement.
Transparent fund management
In general sharia insurance including health, fund management is transparent. So that you as an insurance participant can clearly know the details of the funds you pay each month. In addition, this fund is also used as much as possible to bring benefits to the insurance policy holders themselves.
Has the principle of mutual cooperation
Sharia insurance work system is mutual cooperation. That is, between one participant and another can help each other with company brokers. For example, your insurance fund can be used first to help other customer claims. So participants can give grants to other participants who are affected by the disaster.
Convenient claims and services
In sharia health insurance, participants can take advantage of hospitalization cost protection for all family members. For financing, a system is used using cards (cashless) to pay for all hospital bills.
An insurance policy can be used for all family members so that the cost of premiums becomes lighter. This is different from ordinary insurance, which requires everyone to have their respective policies so that the premiums charged will be much greater.
In addition, Islamic insurance also allows you to be able to do it double claim. That is, you will still get the claim that was submitted even though you got it through another insurance.
Fair
One of the principles of sharia insurance which is also an advantage is fair. In Islamic insurance there must be no harm. Therefore, profit sharing in insurance is more equitable. There is no party that receives a profit with a greater amount than the other party.
Counter
Not everyone agrees with sharia health insurance. Others still debate it. However, the superior value and positive things of sharia health insurance are still more than the negative ones. The weakness of sharia health insurance which is still being debated is that there are still those who consider insurance to be unlawful. In fact, Islamic insurance is under the supervision of the Sharia Supervisory Board (DPS), which ensures all institutions carry out procedures with appropriate sharia principles and are certainly free from illicit practices.
Apart from the pros and cons that occur in the community regarding sharia health insurance, the most important thing is to clearly find out in advance about the insurance that will be made and registered. Find out the advantages and disadvantages of each type of insurance to minimize risk and regret later on. because I chose insurance wrongly.
