News tagged with health insurance

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

Bearing the costs of illness

Although there is evidence that households are able to foresee health expenses to some degree, there is little or no evidence that these expectations have an effect on the actual take up of health insurance. When people have ...

Dec 15, 2015
popularity6 comments 0

Down to the wire on Obamacare sign-ups

(HealthDay)—Health officials are urging Americans considering an Obamacare health plan for 2016 to act quickly to snag coverage and avoid rising penalties for remaining uninsured.

Dec 14, 2015
popularity2 comments 0

Study: Paying for transgender health care cost-effective

A new analysis led by the Johns Hopkins Bloomberg School of Public Health suggests that while most U.S. health insurance plans deny benefits to transgender men and women for medical care necessary to transition to the opposite ...

Nov 24, 2015
popularity31 comments 0

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

Subscribe to rss feed