answersLogoWhite

0

What are some characteristics of health insurance?

Updated: 8/18/2019
User Avatar

Wiki User

11y ago

Best Answer

Health Insurance is an agreement between you and the insurer. The agreement says that if you pay an agreed upon amount (called "premium") to the insurer, it will pay certain amounts for accidents or illnesses that you may have in the future. Health insurance policies may also pay for certain preventive services like test and vaccines.

Since policies vary by coverage and price, make sure to read the benefits and limits of each plan before you buy one. The best way to learn the difference between a policy that satisfies you and one that you won't be happy with is to compare several.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are some characteristics of health insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are some good Florida health insurance plans?

Agile Health Insurance makes it simple to choose, compare & apply online for affordable Health Insurance from leading Health Insurance Companies with ObamaCare options, Short-Term Health & Dental Insurance too! See more here cutt.ly/kjomuyT


Do musicians get health and dental insurance?

It depends on where you are as to how you get your insurance. In the United States, your employer ether has health insurance available or does not have health insurance available. Some musicians work for an employer who provide health insurance. Many do not provide it.


What does beneficiary mean for health insurance?

Some health insurance plans offer a AD&D Life Insurance Policy. That is why you would name a beneficiary for a health insurance company.


What companies provide health insurance with coverage for children?

Health insurance in the United States is very expensive and some places of work give free health insurance. Some can be obtained by going to some companies such as Obamacare,


How does cinergy health insurance compare to other health insurances?

"Cinergy 'health insurance' is not actually insurance, it is a discount plan. As such it only may reduce the cost of some services and is less comprehensive than 'real' health insurance."


What are health insurance quotes?

Health insurance quotes are estimates of costs of health insurance. Some can be for vision, personal, family, business, and many others. There are many companies that offer these.


What are some health insurance companies in Michigan?

SOme health insurance companies that can be located in Michigan are Blue Cross, Cigna, and Health Plus. In addition to those there is also Aetna, IHC, state insurance which is provided for low income families and priority health.


What are some alternative types of insurance?

There are several alternative, or different, types of insurance. Some of these include life insurance, health insurance, homeowners insurance, and car insurance.


What are the coverage characteristics of health insurance?

With hundreds of different insurance packages to choose from, try visiting the site listed under the related links for guidance on how to best handle your insurance issues.


What types of health insurance are there?

There are many different types of health insurance available. Some examples of these types of health insurance include public payers, military plans, and private plans.


What are some of the best insurance sites?

Some of the best insurance sites online include Progressive (car insurance), Hartford Auto Insurance, Amica Insurance (compare great rates), and Kiplinger (state they are the best in insurance).


Where could one hire a personal health insurance agent?

Personal health insurance agents are available from all of the major health insurance providers. Some of he leading in the UK are BUPA, Simply Health and Axa.