Health insurance

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Health Insurance

An insurance policy that provides coverage when the policyholder (or his/her dependent) becomes ill. For example, a health insurance policy may pay for most or all of the costs of a surgery. Health insurance may cover doctor's visits, medical procedures, prescription drugs, and so forth. The policyholder pays a premium each month in exchange for the coverage; additionally, the policyholder often must pay coinsurance and/or a copay for certain procedures. In the United States, many people procure health insurance through their employers because it is often expensive to buy on one's own. Likewise, many people have group insurance to provide medical coverage. A significant amount of debate exists as to the appropriate role of the U.S. government in regulating health insurance providers and whether the government should assume this role directly.

Health insurance.

Health insurance covers some of or all the cost of treating an insured person's illnesses or injuries. In some cases, it pays for preventive care, such as annual physicals and diagnostic tests.

You may have health insurance as an employee benefit from your job or, if you qualify, through the federal government's Medicare or Medicaid programs.

You may also buy individual health insurance directly from an insurance company or be eligible through a plan offered by a group to which you belong. As you do with other insurance contracts, you pay premiums to purchase coverage and the insurer pays some of or all your healthcare costs, based on the terms of your contract.

Some health insurance requires that you meet an annual deductible before the insurer begins to pay. There may also be coinsurance, which is your share, on a percentage basis, of each bill, or a copayment, which is a fixed dollar amount, for each visit.

Health insurance varies significantly from plan to plan and contract to contract. Generally, most plans cover hospitalization, doctors' visits, and other skilled care. Some plans also cover some combination of prescription drugs, rehabilitation, dental care, and innovative therapies or complementary forms of treatment for serious illnesses.

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SBI General's Health Insurance Policy is designed to protect the happiness of the family with its affordable premium .
Emergency Health Insurance Policy is for all visitors to the emirates in the event of an emergency.
Reasons for not purchasing a health insurance policy
163, as amended, for the detection of an insurance company for the stipulation of health insurance policy for about 150 non-managerial employees with qualification of the National Social Security Fund and assistance in favor of Chartered Accountants for the period from 1.
By a nearly two-to-one margin (62%), those polled indicated they would prefer to have their employers contribute directly to the cost of their health insurance policy rather than have the cash equivalent to purchase the policy themselves.
com, the nation s first and largest private online health insurance exchange, released results from a survey of short-term health insurance policy holders showing that a majority (52%) purchased short-term plans because they expect to enroll in another form of coverage within one year.
The guaranty funds generally provide health insurance policy benefits up to $100,000; surrender value for life insurance policies and annuities up to $100,000; and death benefits up to $300,000.
On average, small businesses pay 18 percent more than big businesses for the same health insurance policy.
Approximately 60 percent of employers provide funding to their employees' HSAs, and on average employers are funding 40 percent of the employees' health insurance policy deductibles.
Available since January 2004, HSAs combine a high deductible health insurance policy with a tax-free savings account.
In Switzerland, all citizens must purchase a compulsory health insurance policy that covers essential benefits such as hospital care.
According to the HSA legislation both employers and individuals under a high-deductible health insurance policy -- at least $1,000 a year for individuals, $2,000 for couples - will be able to allocate funds on a pre-tax basis into a healthcare savings account (HSA).

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