Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is available to pay for the health care 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.
Read more about Health Insurance: Background, Comparison, Standards of Hospitals and Clinics Used By Insurance Companies
Other articles related to "health, health insurance, insurance":
... Health care in the United States is provided by many separate legal entities ... Health care facilities are largely owned and operated by the private sector ... Health insurance in the United States is now primarily provided by the government in the public sector, with 60-65% of healthcare provision and spending coming ...
... A key factor in patient safety is that the health care providers should be safe and fit for purpose ... In the USA, insurers will often only make use of health care providers that are independently surveyed by a recognized quality assurance program, such as being accredited by accreditation schemes ...
... This is list of health insurance companies in the United Arab Emirates ... Daman, National Health Insurance Company Noor Takaful Family PJSC Abu Dhabi National Insurance Company Al Sagr National Insurance Company Al Wathba ...
... The sickness insurance covers the cost of general medicine and special care and dentures, Pharmaceutical expenses and equipment, analysis and laboratory tests hospitalization and ... In case of sickness, health insurance provides daily allowances to the insured who is in physical disability and unable to continue or resume work ... Health insurance also manages maternity (expenses for examinations and daily allowance during maternity leave) disability (pension granted when the person is unable to work) and deaths ...
... Community rating is a concept usually associated with health insurance, which requires health insurance providers to offer health insurance policies ... Pure community rating prohibits insurance rate variations based on demographic characteristics such as age or gender, whereas adjusted or modified community rating allows insurance rate ...
Famous quotes containing the words insurance and/or health:
“For there can be no whiter whiteness than this one:
An insurance man’s shirt on its morning run.”
—Gwendolyn Brooks (b. 1917)
“I think that carrying a baby inside of you is like running as fast as you can. It feels like finally letting go and filling yourself up to the widest limits.”
—Anonymous Mother. Ourselves and Our Children, by Boston Women’s Health Book Collective, ch. 2 (1978)