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Health care costs have risen drastically over few years, and any medical treatment can makea dent on individual’s savings but with the help of these special health insurance plans, anindividual can give extra cushion to them and can come out good from these problems. Insurancemay be described as a social device to reduce or eliminate the risk of life and property. Under theplan of insurance, a large number of people associate themselves by sharing risk, attached to anindividual insurance plan that exclusively covers healthcare costs and is called Health Insurance.One possible solution to the above said problem was to reduce the financial barrier throughhealth insurance. Unfortunately, currently only about 10 percent of the population protectedunder any health insurance coverage. The most are for employees in the formal (Ellis et al.2000). The informal workers were unprotected and had to depend on those above poorly financedpublic sector or the expensive private sector to take care of its needs. The government is keen toincrease the insurance coverage and has even introduced special health insurance packages forthe poor (Times of India, 2003). Health insurance schemes are one way of guaranteeing accessto health care services. Under such schemes ideally, people should apply for membership andbe making monthly contributions so that in the event of any sickness; the health insurer willbe able to meet the cost of medical care. Health insurance plays important role in healthcareservice provision. It should again be noted that the health insurance market depends on policyinterventions to balance supply side and demand side forces. Demand-side forces would naturallyinvolve health insurance participation, and for credible policy interventions it may be importantthat those factors affecting participation be established (Mhere, 2013). Health insurance is thefast emerging as an important mechanism to finance the health care needs of the people. Theneed for an insurance system that works on the basic principle of pooling risks of unexpectedcosts of persons falling ill and needing hospitalization by charging a premium from a widerpopulation base of the community (Bhatia and John, 2000). Work-related health problems resultin an economic loss of four to six percent of gross domestic product for most countries. About70 percent of workers does not have any insurance to compensate them in case of occupational disease and inj&nbsp

The study analyses the strategies Italian farmers use to cope with the risks that face their production. We specifically explore the potential and the limitations of the economic tools for climatic risk management in agriculture of the Common Agricultural Policy 2014-2020, that foresees contributions for economic tools for risk management, in relation to farms' needs, exposure and vulnerability of agricultural areas to climatic risk. We consider at the farm level approaches to hedge risks in terms of the use of technical tools (agricultural practices, pesticides, fertilizers, irrigation) and economic/financial instruments (insurances, etc.). We develop cross-sectional and longitudinal analyses as well as analyses of correlation that underline the main differences between the way farms adapt their structure and management towards risk. The results show a preference for technical tools, despite the presence of important public aids on economic tools such as insurances. Therefore, there is a strong need for a more effective and integrated risk management policy scheme. Synergies between economic tools and risk reduction actions of a more technical, structural and management nature (production diversification, irrigation infrastructures, technological and management innovations and formation-information-consultancy, etc.) are emphasized., {"references":["Bielza Diaz-Caneja M., Conte C. G., Dittmann C., Gallego Pinilla F. J., and Stroblmair J. (2009), Agricultural Insurance Schemes, Joint Research Centre Ispra.","Mahul O. and Stutley C. (2010), International Experience with Agricultural Insurance: Findings from a World Bank Survey of 65 Countries, Annex E to the book Government Support to Agricultural Insurance: Challenges and Options for Developing Countries, The World Bank Washington DC","Pontrandolfi, A. and Nizza G. (2011), Prospettive della gestione del rischio in agricoltura. Riflessioni per un sistema integrato per la PAC post 2013, INEA Roma ISBN 9788881452217","Chatellier V. (2011), Price volatility, market regulation and risk management: challenges for the future of the CAP, International Agricultural Policy, vol. 1, pp 33-50.","European Commission (2005), Commission staff working document on risk and crisis management in agriculture, SEC (2005) 320, Bruxelles 09/03/2005","European Commission, Regulation (EU) n. 1305/2013 of the European Parliament and of the Council of 17 December 2013 on support for rural development by the European Agricultural Fund for Rural Development, 2013","Cafiero C., Capitanio F., Cioffi A., and Coppola A. (2007), La gestione del rischio nelle imprese agricole tra strumenti privati e intervento pubblico, Agriregionieuropa Anno 3 n. 8/2007","Capitanio F., Bielza M.D.C., Cafiero C., and Adinolfi F. (2011), Crop insurance and public intervention in the risk management in agriculture: does farmers really benefit? Applied Economics, Volume 43, Issue 27 November 2011, pp. 4149-415","Pontrandolfi A. (2013), Risk management tools in agriculture: some reflections on opportunities and limitations of the European commission proposal, in International Agricultural Policy vol. 2, pp 21-32\n[10]\thttp://ec.europa.eu/agriculture/rica/concept_en.cfm\n[11]\thttp://www.rica.inea.it/public/it/index.php\n[12]\tSerra T., Zilberman D., Goodwin B.K., and Hyvonen K. (2005), Replacement of price support measures by area payments in the EU and the effects on pesticide use, American Journal of Agricultural Economics, 87:(2005), pp. 870-884"]}

The study analyses the strategies Italian farmers use to cope with the risks that face their production. We specifically explore the potential and the limitations of the economic tools for climatic risk management in agriculture of the Common Agricultural Policy 2014-2020, that foresees contributions for economic tools for risk management, in relation to farms' needs, exposure and vulnerability of agricultural areas to climatic risk. We consider at the farm level approaches to hedge risks in terms of the use of technical tools (agricultural practices, pesticides, fertilizers, irrigation) and economic/financial instruments (insurances, etc.). We develop cross-sectional and longitudinal analyses as well as analyses of correlation that underline the main differences between the way farms adapt their structure and management towards risk. The results show a preference for technical tools, despite the presence of important public aids on economic tools such as insurances. Therefore, there is a strong need for a more effective and integrated risk management policy scheme. Synergies between economic tools and risk reduction actions of a more technical, structural and management nature (production diversification, irrigation infrastructures, technological and management innovations and formation-information-consultancy, etc.) are emphasized.