At its core, health insurance is a financial safety net for medical expenses. It is a contract between you and an insurance company: you pay a regular fee, and in exchange, the company agrees to help cover the costs if you get sick, injured, or need preventive care.
Without it, you would be responsible for 100% of your medical bills, which can easily reach thousands of dollars for a single emergency or hospital stay.
Health insurance is a contract where an insurer pays for medical costs in exchange for regular payments called premiums. Key features include hospitalization coverage, cashless claims, and preventive care.
How It WorksYou pay a set fee (premium) to an insurance company.When you get sick or hurt, the company pays the hospital or doctor for your care.It helps protect your personal savings from high medical bills
At its core, health insurance is a financial safety net for medical expenses. It is a contract between you and an insurance company: you pay a regular fee, and in exchange, the company agrees to help cover the costs if you get sick, injured, or need preventive care.
Without it, you would be responsible for 100% of your medical bills, which can easily reach thousands of dollars for a single emergency or hospital stay.
Health insurance is a contract where an insurer pays for medical costs in exchange for regular payments called premiums. Key features include hospitalization coverage, cashless claims, and preventive care.
How It WorksYou pay a set fee (premium) to an insurance company.When you get sick or hurt, the company pays the hospital or doctor for your care.It helps protect your personal savings from high medical bills