Health Insurance

Health insurance is a type of insurance that covers the cost of medical and surgical expenses incurred by the insured. It can provide financial protection for a range of health-related services, such as doctor visits, hospital stays, prescription medications, and preventive care. Health insurance policies typically require the insured to pay a premium, along with possible deductibles, copayments, and coinsurance for specific services. The primary purpose of health insurance is to mitigate the high costs of healthcare, making it more affordable for individuals and families to access necessary medical treatment and maintain their overall health. Various types of health insurance plans exist, including employer-sponsored plans, government programs like Medicaid and Medicare, and individual policies purchased through private insurers or health insurance marketplaces.