Health Insurance

Health insurance is a type of insurance that provides coverage for medical expenses incurred by an individual or family. A health insurance policy typically covers hospitalization expenses, doctor consultation fees, diagnostic tests, and other medical expenses, depending on the specific policy and coverage.

Health insurance plans can be purchased by individuals or provided by an employer as part of an employee benefits package. Some plans may require a co-payment or deductible amount to be paid by the policyholder before the insurance coverage kicks in.

There are different types of health insurance plans, including:

1. Individual Health Insurance: An individual health insurance plan is purchased by an individual to cover their own medical expenses.

2. Family Health Insurance: A family health insurance plan covers medical expenses for the policyholder, their spouse, and dependent children.

3. Group Health Insurance: Group health insurance plans are offered by employers to their employees and may also cover their dependents.

4. Critical Illness Insurance: Critical illness insurance provides coverage for specific illnesses such as cancer, heart attack, or stroke, which require expensive treatment.

5. Short-Term Health Insurance: Short-term health insurance provides coverage for a limited period of time and is typically used to bridge a gap between health insurance coverage or during a period of transition.

Having health insurance can provide peace of mind and protect individuals and families from the financial burden of unexpected medical expenses. It is important to carefully review policy coverage, benefits, and limitations to ensure that the chosen health insurance plan meets individual or family needs.