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What is Health Insurance?

by Mark Lyne

When speaking about health insurance, people generally are referring to a policy which will provide payment of their medical expenses or treatments.

Health insurance is also commonly referred to as accident and sickness insurance, accident and health insurance, medical insurance, etc.

Health insurance policies offer many different options and benefits, and the topic can be extremely complex.

At its root, health insurance is a contractual relationship whereby the insurer (insurance company) agrees to pay or reimburse the insured (client) for medical costs in exchange for a premium.

Please refer to the following article for more details on health insurance and things to keep in mind when shopping for the best coverage and rate while comparing health insurance quotes.

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