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Physical health lesson plans high school. Insurance against expenses incurred through illness of the insured. Private health insurance is usually financed on a group basis but most plans also provide for individual policies. Health insurance definition insurance that compensates the insured for expenses or loss incurred for medical reasons as through illness or hospitalization.
A health insurance system that is organized and administered by an insurance company or other private agency with the provisions specified in a contract is known as private or voluntary health insurance. Insurance providing compensation for medical expenses. Commercial health insurance which is provided by many different companies.
Health insurance synonyms health insurance pronunciation health insurance translation english dictionary definition of health insurance. 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. A program offered by a health insurance company to manage the costs of policyholders chronic health conditions.
Private noncommercial health insurance which is provided by blue cross and blue shield. Health insurance covers cost of an insured individuals medical and surgical expenses. And social insurance which is provided by.
Learn about health insurance by reviewing the definition in the healthcaregov glossary.
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