Knowing What Exactly is Health Insurance

Many people right now are actually asking what health insurance is. The fact is that, health insurance is actually a concept that may differ depending on the place that you are. In this case, remember that there are countries that provide free medical care to their citizens, in which the government will actually hold responsibility for paying your bills, for they will reimburse the doctors. Such countries actually include the Untied Kingdom, the Scandinavian countries (Norway, Sweden), France, and even Canada. Sadly, this is not true for the United States.

This is then reason why this kind of insurance is important for you to know, as long as you live in the US. Remember that in this country, health care is not provided free by the government. In this case, whenever you want to have security when you need to pay for your medical bills, the best thing that you can have is affordable health insurance. Just like many other insurance, health insurance is only helpful whenever you actually need it. Obviously, you cannot be able to take advantage of its benefits, unless you are actually sick.

In this case, you may never be sure. Remember that there is not a single person who is immune to diseases. In fact, all people will surely experience a disease or an illness, the only question is when and how bad. This is where getting insurance concerning health care comes into importance. Take a look then at the different kinds of health insurance in the US:


1. Self insured or uninsured This kind of health-related insurance refers to two types of individuals. First, this type actually refers to individuals who have no health-related insurance at all. The second type of individuals is the one who has insurance, and is solely responsible for paying his/her premiums. Facts show us that 30% of the American population actually falls into self-insured or uninsured category.

2. Managed care plans This is the kind of health plan that actually provides contracted service, which is in turn offered by specified providers. In addition, there are also contracted prices for such insurance.

3. Indemnity plans This is the most expensive kind of health-related insurance. However, it is also the one that offers the best protection for you. This is because of the fact that indemnity plans enable you to get the needed medical treatment whenever you may be and wherever you choose.

For help in selecting the right type of health insurance for you and your family, visit Insurancecaredirect. Here you can also get details on low cost health insurance which might interest you.