Medical economics

How a simple tool has brought health insurance to thousands

Maryland and Massachusetts, soon to be followed by other states, now allow taxpayers to begin the sign-up for health care coverage on their tax returns, aiming to draw many residents into low- or no-cost plans they may not ...

Oncology & Cancer

Lung cancer screening rates increase with access to Medicare

Lung cancer screening is recommended only for those who are at high risk for the disease—adults ages 50­–80 who smoke at least 20 packs a year—but even among members of that high-risk group, screening rates remain ...

Health

Pregnancy experts call for Medicaid policy change

Postpartum sterilization is a safe and effective form of contraception. It can be performed immediately after birth without increasing the length of stay in the hospital for new mothers. Unfortunately, women enrolled in Medicaid ...

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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