Definition Of Health Insurance
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Insurance against expenses incurred through illness of the insured.
Definition of health insurance. Health insurance covers cost of an insured individual s medical and surgical expenses. A program offered by a health insurance company to manage the costs of policyholders chronic health conditions. Insurance providing compensation for medical expenses. Subject to the terms of insurance coverage either the insured pays costs out of pocket and is subsequently reimbursed or the insurance company reimburses costs directly.
Health insurance provides coverage for medicine visits to the doctor or emergency room hospital stays and other medical expenses. Insurance against loss by illness or bodily injury. Health insurance definition is insurance against loss through illness of the insured. Disease management programs can help control health.
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