Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care and health system 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.
- 5
- Vocabulary
- 5
- Thing
- 5
- Health insurance
Health insurance
Share this article
Different Types of Personal Insurance
Related Topics
Article Info
Reviewed by
medicalrecords.com
Last Updated
03/07/2020