Overview On Health Insurance
What is Health Insurance?
Health insurance is a way to pay for health care. When you are injured or sick, it protects you from the full cost of paying for medical services. You choose a plan and agree to pay a certain rate or premium every month. In return, your health insurance company agrees to pay for some of your medical expenses. Your health insurance payments are usually based on discounts they negotiate with doctors and hospitals.
Types of Health Insurance
Health Insurance for Small Businesses
Providing health insurance for small companies is a great way to hire and retain good employees. If some small businesses fail to provide health insurance to their employees, they may give tickets. In a group health insurance plan, premiums are usually shared between the employer and the employee who chooses to participate in the health insurance plan.