Health Insurance Basics (Part 1)

What is a health insurance policy? It is a type of insurance which would help its policy holder pay for medical expenses the holder may need. It may cover payment for doctor’s visits and check ups, both major and minor operations, treatment for health conditions; in particular cases, it may even pay for disability expenses and long term nursing costs and custodial expenditures. Health coverage may be bought from private insurers or state- and government-funded social insurance programs either by groups or individuals. The insured is required to pay a certain amount each month, and also, personally pay for particular expenses such as co-payment costs.

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