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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First Health Life & Health Insurance Company (TX) (NAIC Code 90328)
Cognizant Helps National Health Insurance Company, Daman, Increase Market Share and Enhance Customer Experience
Renaissance Life & Health Insurance Company of Arizona, Phoenix, changed its name to Admiral Life Insurance Company of America during May.
For example, when United HealthCare, the nation's second-largest health insurance company, announced last October that it was abandoning 59,000 Medicare beneficiaries in 12 states, United's chief medical officer explained, "The revenue from HCFA was not high enough.
The affirmation of the ratings of MVP Health Insurance Company, Preferred Assurance Company, MVP Health Plan of New Hampshire, Inc.
28, 2014 /PRNewswire-USNewswire/ -- Consumer Watchdog, Consumer Federation of California, the California Nurses Association and price-gouged policyholders condemned menacing health insurance company mailers against Proposition 45 today as a new Hoover Institution Poll puts Proposition 45 ahead by 12 points, 42% to 30% just seven days before the Election.
Health insurance companies are hiding their bankrolling of the No On Prop 45 effort because they know that if the public finds out they are opposed voters will recognize that Prop 45 is there to stop rip-offs of policyholders," said Jamie Court, president of Consumer Watchdog, "State disclosure laws that require health insurance company funding to be revealed plainly are being thwarted by deceptive type-face for fine print disclosures in television advertising and misleading advertisements, neither of which mention the words 'health insurance company'.
Renaissance Life & Health Insurance Company of America (Renaissance America), a member of the Renaissance family of companies, announced today it has assumed all the business of its affiliate, Renaissance Life & Health Insurance Company (RLHIC), which is based in Indiana.
The site invites the public to complete the sentence "You Know Your Health Insurance Company Sucks When" by submitting a complaint on the website or using the hashtag #YourHealthInsuranceCompanySucksWhen.

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