News tagged with health insurance

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

Mexico escalating the fight against breast cancer

On Avenue San Fernando, a tree-lined street crowded with food stands, the new wing of Mexico's flagship cancer hospital gleams like a silver airplane. Barely a year old, the light-filled structure attached to the National ...

Jan 29, 2015
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Lifting the fog of health delivery and costs

The heated national debate on complex issues related to health care was ignited by the implementation the Affordable Health Care Act (ACA) in January 2014. There is no national system that adequately records and quantifies ...

Jan 09, 2015
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Health overhaul sign-ups edge higher

With a month to go in the 2015 open enrollment season, the Obama administration says sign-ups under the president's health care law are edging higher.

Jan 14, 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.

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