What is health Insurance?
Health Insurance is a common word now a days which refers to the deposit money for someone’s health care. Here if someone has a health insurance account at an insurance company then he/she will get help from that insurance company when he/she become illness or sick even if he/she is dead then his/her health insurance money can receive any of her/his relative like: father, mother, wife, big brother or sister.
How insurance companies are served you?
When you /he or she will fall into dangerous situation for example someone suddenly suffer from an accident or attracted by any dangerous diseases after being an insurance account holder. Then all of the cost amount for his/her/your medical treatment will pay that insurance company and submit it, that’s time one get financial feedback or help which is more importance on that’s situation.
How all of the insurance companies in the world are run?
An insurance account holder has to deposit a specific amount of money monthly one or two times in a year. This system is varies from insurance company to company also varies with the insurance company rules and regulation. This system also can varies region to region even also varies country to country.
What are the common obligations for a health Insurance?
There has some common obligations for every individual health insurance account holder
One is co-payment which define a term that is one may pay his/her all medical fee for his/her soon come round before getting payment from that insurance compan
Other is co-insurance where one can gets a specific amount of percentage of all health treatment fees from an insurance company,
All of the Premium member are considered as the VIP member or a vital member or a big insurance account holder to an insurance company and for this reason all of the VIP health insurance account holder gets a lot of facilities from their corresponding health insurance account provider or an insurance company in the world.
Image source:forbes and healthcarereformmagazine