The Ultimate Guide to Understanding Health Insurance Plans

57b15408-0611-4b17-80ba-792858afd875 Introduction A. Health insurance is important because it helps individuals and families manage the cost of healthcare, which can be very expensive. Health insurance provides financial protection by paying for medical expenses and helping people access preventive care, treatments, and medications that they need to stay healthy. B. Health insurance plans are contracts between individuals and insurance companies that provide coverage for medical expenses. These plans can be purchased by individuals or offered by employers as part of a benefits package. Health insurance plans may cover a range of medical services, including doctor visits, hospitalization, prescription drugs, and preventive care. C. There are several types of health insurance plans, including: Health Maintenance ...