Health care insurance is insurance that pays for medical expenses. It is sometimes used more broadly to include insurance covering disability or long-term nursing or custodial care needs. It may be provided through a government-sponsored social insurance program, or from private insurance companies. It may be purchased on a group basis (e.g., by a firm to cover its employees) or purchased by individual consumers. In each case, the covered groups or individuals pay premiums or taxes to help protect themselves from high or unexpected healthcare expenses. Similar benefits paying for medical expenses may also be provided through social welfare programs funded by the government.
Submitted by Dennis on Fri, 05/27/2011 - 14:00
The following chart is a summary of provisions within the Affordable Care Act (ACA) and their impact on different funding types and lines of business. This is subject to change as we receive additional guidance and information and should be used for informational purposes only.
Submitted by Dennis on Wed, 05/18/2011 - 18:58
- When can I cover my young adult child on my plan?
Submitted by Dennis on Fri, 01/28/2011 - 13:33
Question: Health care reform is supposed to allow me to enroll my child in private health insurance, regardless of my child's health condition. When can I enroll my child in private health insurance in California?
Submitted by Anonymous on Sat, 01/02/2010 - 20:46
For most of us, the ways to go about saving money on healthcare expenses aren't always obvious. We don't see doctors offering coupons. Or hospitals that hold Presidents Day sales. And there's no such thing as free demonstrations for do-it-yourself surgeries.
Submitted by Anonymous on Wed, 12/16/2009 - 13:00
Myth: Higher health care costs are the result of continually rising insurance premiums, inflating the price of health care.
Just the opposite is true. Because insurance is a means of financing health care, premiums have to track the underlying cost of health care services. Those underlying costs have been rising and insurance premiums have simply kept pace.
