Universal life care insurance is a globally accepted system to provide quality health care to citizens from all walks of life. It is a system by which basic health care expenses of a person are shared either completely by the government or partially by the government through a financial system of public-private partnership. In simple terms, when a person joins universal life care insurance, he or she will be provided free treatment either in hospitals run by the government or in certain hospitals stipulated by the government or the insurance scheme. Such a system is running efficiently in almost all developed countries in the world, especially in Europe and Asia. One notable exception from this group is United States.

Another advantage of universal health care system is that every citizen of the country will come under a single scheme which will reduce the administrative costs significantly. A prominent health agency in United States, Institute of Medicine of the National Academies, pointed out several hidden costs in the present health insurance schemes, which ultimately decrease the quality of the health care and create further problems. Therefore, the institute has demanded for a universal health care insurance scheme in United States by 2010. In the present scenario, a person may not avail health care for certain health conditions because the insurance scheme he or she can afford does not support that kind of medical treatment. But every citizen of the country would benefit if a universal health care insurance scheme is put in place.