Enrolment options
The objective of this module is to provide participants with the knowledge and understanding of healthcare insurance and the principles underlying health care insurance practice. It outlines the various schemes that are available and how health products can be marketed and the handling of claims if any.
The general objective of this module is to provide participants with the knowledge and understanding of the risk management. This is motivated by the fact that the past decade has seen a dramatic rise in the number of insolvent companies. The causes of these insolvencies were myriad. Some of the insolvencies were precipitated by rapidly rising or declining interest rates, others resulted from losses on assets such as investment in bad stock, mispricing of insurance policies, natural catastrophes, and changes in legal interpretations of liability and the limits of coverage, misrepresentation of insurance policy covers by unscrupulous sales agents, insolvencies among the reinsurers backing the policies issued, noncompliance with insurance regulation, and malfeasance on the part of officers and directors of the insurance companies affected some as well. But despite the numerous and disparate apparent causes of these insolvencies, the underlying factor in all of them were the same: inadequate risk management practices. This module therefore looks at the why risk management is important and the processes and procedures of risk management.