insurance

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Related to insurance benefits: Health Insurance Benefits

in·sur·ance

(in-shūr'ans),
Coverage against financial loss, such as from illness or injury, procured by contract from a company or agency that provides such protection.
[Fr., fr. enseurer, to make certain, fr. L. securus, safe, free from care]

insurance

Vox populi A contractual relationship when one party–an insurance company or underwriter, in consideration of a fixed sum–a premium, agrees to pay on behalf another–an insured, or policyholder for covered losses, up to the limits purchased, caused by designated contingencies listed in the policy. See Adoption insurance, Cancer insurance, Catastrophic health insurance, Co-insurance, Comprehensive major medical insurance, Disability insurance, Group insurance, Hospitalization insurance, Indemnity insurance, Major medical insurance, Medical expense insurance, Medicare supplement insurance, National health insurance, Nationalized health insurance, Noncancellable insurance, Personal insurance, Reinsurance, Self-insurance, Workers compensation insurance.

in·sur·ance

(in-shŭr'ăns)
A contractual arrangement whereby one party agrees to indemnify the other against financial or other specified loss during a stated period in the future.

in·sur·ance

(in-shŭr'ăns)
Coverage against financial loss procured by contract from a company that provides such protection.

Patient discussion about insurance

Q. what is public health insurance

A. Public health insurance programs in the U.S. provide the primary source of health expenses coverage for most seniors and for low-income children and families who meet certain eligibility requirements. The primary public programs are Medicare, a federal social insurance program for seniors and certain disabled individuals and Medicaid, funded jointly by the federal government and states but administered at the state level, which covers certain very low income children and their families. In 2006, there were 47 million people in the United States (16% of the population) who were without health insurance for at least part of that year.

Q. I need help getting health insurance is it expensive?

A. I am currently looking for insurance too. Do have you applied for public health insurance?

Q. I AM WONDERING ABOUT GETTING HEALTH INSURANCE IS IT EXPENSIVE FOR A FAMILY?

A. Yes, it'll you cost you money, and not a negligible sum, but that's not necessarily means it'll be expensive - the alternative may eventually be much more expensive. We can never know what will happen tomorrow- if something will happen to you or your family (e.g. car accident, cancer or even relatively simple thing as appendicitis), the cost of the unavoidable medical treatment in this case will be much higher than the insurance premium.

Here (http://www.ahrq.gov/consumer/insuranceqa/) you can find an official governmental guide to choosing health insurance.

More discussions about insurance
References in periodicals archive ?
Nocum explained the accident insurance benefits had increased from P200,000 to P400,000 effective January 1, 2019 based on the new LTFRB resolution.
General Motors Corporation (GM) (NYSE: GM), the world's largest automaker, has announced that it will cancel medical and life insurance benefits for UAW workers on strike.
"Governmental employees [are focusing] disproportionately on retiree health insurance benefits simply because they can, i.e., because there is no statutory limitation on their actions" said Stanley Winter, president of the Retired Public Employees Association.
They will continue accepting applications for third-sector insurance benefits and their payments.
It would expand upon the 1996 Mental Health Parity Act, which bans differences in annual and lifetime caps on insurance benefits for mental health and physical health.
If LTC insurance coverage is provided under a "qualified" contract, benefits generally are received tax-free as accident and health insurance benefits. Section 7702B(b) states, however, that subject to a very narrow exception, qualified contracts may not provide a cash value.
A WBP provides welfare benefits (e.g., health benefits) for active and retired employees; life insurance; disability income insurance or payments; severance pay; supplemental unemployment benefits; long-term care benefits; and post-retirement medical or life insurance benefits. Under Sec.
Less than 1 percent of active partnership policyholders are currently accessing their long-term care insurance benefits. Since the programs began, 251 policyholders in all four states have exhausted their long-term care insurance benefits.
The Quebec made program will be more generous than the federal maternity/parental leave and employment insurance benefits combined.
Currently, small business workers pay nearly 20% more for their health insurance benefits compared to those employed by large companies, while their health care coverage options are reduced.
African Americans represent 11% of the labor force but constitute almost 18% of workers receiving Social Security disability insurance benefits. Roughly 21% of children of disabled workers who receive benefits are African American.
Then the DOL approved a second exemption, for Decatur, Ill.-based Archer Daniels Midland, the flour and grain company, to use its Vermont-based captive to reinsure its group life insurance benefits written by Minnesota Life Insurance Co.

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