Recent Examples of health insurance from the Web
That was not the position of the health insurance company that repeatedly rejected Jim’s attempts to get his wife into rehab, such as that available at Good Shepherd Rehabilitation Hospital in Allentown.
The Kaiser Family Foundation said in a new report that the cost of treating opioid addiction and overdose has gone up eight-fold for private health insurance companies since 2004, from $300 million dollars in 2004 to $2.6 billion in 2016.
Unlike Medicare, the health insurance program for the elderly, Medicaid programs are run individually by each state.
Eventually, the governor gave in to the teachers’ demands and gave them a 5 percent raise as well as a hold on increasing health insurance premiums.
Or, what if health insurance companies gathered information on exercise habits and how frequently your car enters fast-food drive thrus to determine your coverage rates?
Spark is also working with the federal government and other health insurance companies to be sure Luxturna is covered by insurance.
One major health insurance company, United Healthcare, is already positioning itself to market short-term plans.
The Trump administration says the change would lower health insurance premiums and give consumers more choices in deciding which plans to buy.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'health insurance.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of health insurance
Financial Definition of HEALTH INSURANCE
What It Is
Health insurance is insurance that covers some or all of the costs of an individuals healthcare.
How It Works
Health insurance absorbs or offsets healthcare costs associated with, but not limited to, routine health examinations, specialist referral visits, inpatient and outpatient surgery, unforeseen eventualities such as illnesses or injuries, and prescription medication. Health insurance policies are categorized as privately paid for by an individual, publicly provided as a service through Social Security, or commercially arranged by a company as part of an employee benefit package.
Broader levels of health insurance coverage generally have higher premium costs. In many cases, the insured party is responsible for paying his/her healthcare provider an up-front, tax deductible amount called co-pay. Health insurance companies then may compensate healthcare providers directly or reimburse the policy holder based on the remaining portion of an itemized bill.
Why It Matters
Health insurance primarily protects individuals from the prohibitively high costs of surgical procedures, inpatient hospital care, and emergency attention. Though health insurance itself can become costly for a family, it is only a small fraction of the potential costs associated with unforeseen illnesses and emergencies (for example, the diagnosis and treatment of cancer or a heart attack).
legal Definition of health insurance
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Seen and Heard
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