Health insurance is a type of insurance coverage that pays for medical, surgical, and sometimes dental expenses incurred by the insured. It can also cover preventive care, hospitalization, and emergency services.
There are two types of health insurance:
Individual Health Insurance: Purchased by individuals for personal/family coverage.
Group Health Insurance: Offered by employers to their employees as a benefit.
Health Insurance covers:
Hospitalization
- Costs of staying in the hospital (room, ICU, surgeries).
Outpatient Care
- Doctor visits, lab tests, diagnostics, and specialist consultations.
Prescription Drugs
- Cost of medications prescribed by a doctor.
Preventive Care
- Vaccinations, screenings, and check-ups.
Maternity & Newborn
- Prenatal, delivery, and postnatal care.
Mental Health
- Therapy, counseling, psychiatric treatment.
Emergency Services
- ER visits, ambulance fees, and urgent care.