What is Health Insurance?
Health insurance is insurance against loss by sickness or bodily injury. The generic form for those forms of insurance that provide lump sum or periodic payments in the event of loss occasioned by bodily injury, sickness or disease, and medical expense.
The term Health Insurance is now used to replace such terms as Accident Insurance, Sickness Insurance, Medical Expense Insurance, Accidental Death Insurance, and Dismemberment Insurance. The form is sometimes called Accident and Health, Accident and Sickness, Accident, or Disability Income Insurance.
Health Insurance Tips
Health insurance is insurance against loss by sickness or bodily injury. The generic form for those forms of insurance that provide lump sum or periodic payments in the event of loss occasioned by bodily injury, sickness or disease, and medical expense.
The term Health Insurance is now used to replace such terms as Accident Insurance, Sickness Insurance, Medical Expense Insurance, Accidental Death Insurance, and Dismemberment Insurance. The form is sometimes called Accident and Health, Accident and Sickness, Accident, or Disability Income Insurance.
Health Insurance Tips
- Review your health insurance policy and make sure you understand
coverage restrictions and exclusions.
- Understand your responsibilities under your health insurance plan.
- Keep your health insurance ID card handy. Don¡¯t hesitate to pick up the
phone and call the number on your health insurance ID card for assistance in
understanding any part of your health insurance policy you don¡¯t
understand.
- Keep good files. Know where to find your health insurance policy or
benefits booklet.
- Know your rights. You have a right to receive a response to a request
for authorization of services within two working days.