Health insurance

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Related to Sickness Insurance: Accident and Sickness Insurance

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.

References in periodicals archive ?
Rubinow concentrated on the passage of sickness insurance laws in the States, rather than on the creation of a national health insurance law.
still maintains a sickness insurance program, the benefit has become harder to access and income replacement levels have declined significantly.
I give it as my opinion that Sickness Insurance of some kind, with Compulsory contribution on the part of employers, will be enacted into law by many States of the Union within the next five years and that now is the time to go into this subject thoroughly and carry on an educational campaign such as we have been carrying on in connection with Workmen's Compensation Insurance and Accident Prevention.
He received his bachelor's degree from Rhode Island College and holds a professional license in life, accident and sickness insurance.
Contracts awarded: Compulsory accident insurance according to uvg with uvg supplementary insurance in accordance with vvg as well as sickness-day insurance-nr: 2 short description: daily sickness insurance according to vvg
The subgroup would work on creating a model to "address long-term care products of short duration" that are excluded from the NAIC's existing long-term care insurance models but do not fit well under the NAIC's model law and model regulation for accident and sickness insurance.
In this motion, participants reasserted the need to set up a coherent health system, review the national sickness insurance fund (CNAM), create a national unemployment fund and ensure the reintegration of persons dismissed from their jobs and diversify the Compensation Fund's resources, while seeking to reduce the tax burden on employees and vulnerable social classes.
a right of residence for more than three months subject to being employed or self-employed or having sufficient financial resources so as not to become a burden on the social assistance system and having comprehensive sickness insurance cover in the host state; and 3.
Nature of Grants For selected candidates, the Arab Fund Fellowships Program provides fixed maintenance allowances, round-trip tickets for beneficiaries and eligible members of their families, and limited accident and sickness insurance.
The Foresters are a mutual group which allows members to invest money to provide savings and life and sickness insurance.
Psoriasis sufferer Lorayne Muldoon became locked in a battle with her bank to get sickness insurance to cover her mortgage as the condition became more severe.
Unlike the situation in other economic sectors, the prices of medicines reimbursed by the national sickness insurance schemes are not freely determined by supply and demand, but are set or controlled by the member states.