insurance

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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 ?
Habib Insurance Company Limited###619###5.00###11.90###10.75###813,000###Dividend = 15%
As early as DO 27-92, dated March 17, 1992, it was already pronounced that a new composite insurance company shall have a paid-up capital of at least P150 million, P75 million of which shall pertain to the nonlife account and the other P75 million to the life account.
42 National Union Fire Insurance Company of Pittsburgh, Pa.
Hudson Excess Insurance Company (US: Delaware) 014995
His insurance company had agreed to repair the car of the other party in the accident.
A pure captive insurance company creates a reserve against potential losses nursing homes may face in the future.
Cushman & Wakefield's Matthew Astrachan, Paul Glickman and Mitti Liebersohn of the firm's Midtown Manhattan office and Curtis Foster of its East Rutherford office represented AXA Equitable Life Insurance Company in its site evaluation and in lease negotiations with Hartz Mountain Industries.
Few financial executives or their advisors are aware that the Internal Revenue Service (IRS) has issued new "safe harbor" revenue rulings that finally clarify the tax consequences of forming and operating a captive insurance company. These rulings, plus existing sections of the Internal Revenue Code, create very favorable tax results if the new captive insurance company is able to comply with those rulings.
The rate is also 1% of the premium paid on a reinsurance policy (insurance purchased by an insurance company) covering those same risks.
Second, insurance company investments have tanked in many instances, leaving reserves lower and insurance company profits lower.
"We've been seeing 24 percent inflation, which has made it a challenge negotiating premiums with the insurance company," Glass says, noting that premiums were increasing by 30 percent for next year.
Your access to one another will depend in part on the legal status of gay couples in the country you're visiting, but you can take steps to ensure that your insurance company will be your ally.

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