News tagged with health insurance

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

Latest supreme court ruling on Obamacare looms

(HealthDay)—Millions of Americans who bought health insurance under Obamacare will soon learn the fate of billions of dollars in federal tax credits that keep their monthly health plan premiums affordable.

Jun 16, 2015
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Some hospitals marking up prices more than 1,000 percent

The 50 hospitals in the United States with the highest markup of prices over their actual costs are charging out-of-network patients and the uninsured, as well as auto and workers' compensation insurers, more than 10 times ...

Jun 08, 2015
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California considers health coverage for immigrant kids

The California Senate on Tuesday approved legislation that would make the state the first in the nation to extend health coverage to children who are in the country illegally and seek federal authorization to sell private ...

Jun 02, 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

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