WHAT IS HELATH INSURANCE AND BENEFITS
Health insurance is a way to pay for health care. It protects you from paying the full costs of medical services when you fall sick or get injured. Just like home insurance or vehicle insurance, you choose a plan and agree to pay a certain amount (known as a premium) each month. The health insurer in return agrees to pay full or a portion of your covered medical costs. There are different types of health insurances from which you can choose. The features of all the health insurance plans are different. Some of the health insurance plans are specifically meant for critical illnesses. Health insurance covers cost of an insured individual's medical and surgical expenses. Subject to the terms of insurance coverage, either the insured pays costs out-of-pocket and is subsequently reimbursed or the insurance company reimburses costs directly. Medicare or medical costs are rising year on year. As a matter of fact, inflation in medicare is higher than inflation in food and other articles. W...



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