Define Health Insurance

Private health insurance is usually financed on a group basis but most plans also provide for individual policies.

Define health insurance - Health insurance definition insurance that compensates the insured for expenses or loss incurred for medical reasons as through illness or hospitalization. These plans fall into three classifications. Disease management programs can help control health.

Health insurance provides coverage for medicine visits to the doctor or emergency room hospital stays and other medical expenses. Insurance providing compensation for medical expenses. Policies differ in what they cover the size of the deductible and or co payment limits of coverage and the options for treatment available to.

Insurance against loss by illness or bodily injury. Health insurance synonyms health insurance pronunciation health insurance translation english dictionary definition of health insurance. Health insurance absorbs or offsets healthcare costs associated with but not limited to routine health examinations specialist referral visits inpatient and outpatient surgery unforeseen eventualities such as illnesses or injuries and prescription medication.

Private noncommercial health insurance which is provided by blue cross and blue shield. Health insurance policies are categorized as privately paid for by an individual publicly provided as a service through social. Health insurance is a type of insurance coverage that covers the cost of an insured individual s medical and surgical expenses.

Health insurance is an insurance that covers the whole or a part of the risk of a person incurring medical expenses spreading the risk over numerous persons by estimating the overall risk of health risk and health system expenses over the risk pool an insurer can develop a routine finance structure such as a monthly premium or payroll tax to provide the money to pay for the health care. Insurance against expenses incurred through illness of the insured. A health insurance system that is organized and administered by an insurance company or other private agency with the provisions specified in a contract is known as private or voluntary health insurance.

Health insurance definition is insurance against loss through illness of the insured. A program offered by a health insurance company to manage the costs of policyholders chronic health conditions. A plan that covers or shares the expenses associated with health care.