What is Health Insurance

Health insurance is a basic necessity today. If you meet with an accident or fall sick, and have to be admitted to a hospital, health insurance is the first thing they ask about. So, what is health insurance, and why is it so important?

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Uploaded on Jun 21, 2024 | 4 Views

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1. What is Health Insurance ?

2. Health Insurance What is Health Insurance ? Health insurance is a type of insurance product that covers the insured's medical and surgical expenses in the event of hospitalization. These costs include hospitalization, doctor consultation fees, and medication costs. Health insurance companies have partnerships with hospitals and leading health-care providers, allowing the insured to receive cashless care. If the insurance company has no affiliation with the care provider, the insured is reimbursed for the expenses. The cost of health insurance premiums is frequently covered in part by the employer, but you can also purchase one on your own. Health insurance benefits are tax-free.

3. Benefits of Health Insurance Health insurance is a type of insurance that pays for the insured's medical and surgical expenses if he or she is hospitalized. Hospitalization, doctor consultation fees, and medication costs are among the expenses. Health insurance companies have partnered with hospitals and leading health-care providers to provide cashless care to their customers. If the insurance company has no affiliation with the care provider, the insured is reimbursed. Health insurance premiums are frequently partially covered by employers, but you can also purchase one on your own. Benefits from health insurance are tax-free.

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