what is health insurance?

Luis Mellon: Health Insurance pays for medical expenses and is sometimes essential for covering disability and long term custodial care requirements. Health insurance policies where you pay the premium to get assured help in case of high or unexpected healthcare expenses in the future. When choosing these plans make sure that these features are well defines such as Coverage, Co-Payments, Coinsurance, Deductibles, Pre-existing conditions/scenario, and limitations on the devices, drugs and your access to the specialists....Show more

Long Woltjer: Hi dear!Health insurance is basically the insurance against loss by illness or bodily injury. It provides coverage for medicine, visits to the doctor or emergency room, hospital stays and other medical expenses.Health insurance policies differ in what they cover, the size of the deductible and/or co-payment, limits of coverage and the options for treatment available to the policyholder.Health insurance can be directly purch! ased by an individual, or it may be provided through an employer. Medicare and Medicaid are programs which provide health insurance to elderly, disabled, or un-insured individuals.There are a number of companies which provide private health insurance, including» Aviva India » ICICI Pru life» ICICI Lombard » Bharti AXA Life» Future Generali » SBI Life You can take more information about health insurance here also......Show more

Rose Krouse: I suppose it depends on the country where you live. My country has a national health system which is being very stretched but we can still get treatment on nhs. We pay contributions towards it during our working lives it comes of our earnings per ratio. To get sometimes immediate treatment we would have to go "private" which is costly. Then I might think about health insurance. Again I cannot help you much as it has never arisen for me. The advantage of having a computer is you can "google"health insurance and! see what it comes up with. Sorry can't help you much....Show ! more

Refugio Gastineau: Think of Health insurance as if everybody is throwing money in a giant bucket in case someone gets sick. So if someone gets sick that person will be able to use not only the money they put into the bucket, but also the money other people put in the bucket to pay the doctors (Its A community money bucket =). )... However the holder of the bucket (the insurance companies) wants there cut since they have the burden to watch the bucket and guard the money (understandable)... However in recent times the bucket holder has gotten exponentially greedier over time, and therefore they deny people from collecting money from the bucket o' money. But they don't deny access because there is not enough money in the bucket, NO they deny access to keep they're wallets fat... Alot of companies abuse the power we have given them. This is especially true when it comes to health insurance.... But not all companies are that bad, (but there are a quite a few). Its! just now a days you have to do your homework in order to not get ripped off... Sorry about my little rant i just had to get that out...Show more