News tagged with health insurance

Related topics: health care , affordable care , insurance , barack obama , health care reform

Research aims to reduce health care disparities

The lesbian, gay, bisexual, transgender/transsexual, queer/questioning and intersex (LGBTQI) population has been largely understudied by the medical community. Researchers at Moffitt Cancer Center found that the LGBTQI community ...

Mar 26, 2015
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Measuring health care

When Oregon voted in 2008 to use a lottery to determine which low-income adults to add to its Medicaid rolls, Stephen Colbert mocked the effort as "gambling for health insurance."

Mar 19, 2015
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House leaders work toward bipartisan Medicare deal

In a rare show of unity, top House Republicans and Democrats are working toward a $200 billion agreement revamping how doctors are paid for treating Medicare patients, a package that would be largely financed by adding to ...

Mar 13, 2015
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Health insurance

Health insurance is insurance that pays for medical expenses. It is sometimes used more broadly to include insurance covering disability or long-term nursing or custodial care needs. It may be provided through a government-sponsored social insurance program, or from private insurance companies. It may be purchased on a group basis (e.g., by a firm to cover its employees) or purchased by individual consumers. In each case, the covered groups or individuals pay premiums or taxes to help protect themselves from high or unexpected healthcare expenses. Similar benefits paying for medical expenses may also be provided through social welfare programs funded by the government.

By estimating the overall risk of healthcare expenses, a routine finance structure (such as a monthly premium or annual tax) can be developed, ensuring that money is available to pay for the healthcare benefits specified in the insurance agreement. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity.

This text uses material from Wikipedia licensed under CC BY-SA