Recent Examples of health insurance from the Web
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On Thursday, the president* signed an order guaranteed to corrupt health insurance marketplaces all across the country, and that corruption will not be an unintended consequence.
The move has sent health insurance markets into a tailspin.
The bill would pay for two years of health insurance subsidies, known as cost-sharing reduction payments, that were instituted under Obamacare and help consumers afford out-of-pocket health costs.
The fifth enrollment period for Affordable Care Act health insurance opens Wednesday under a cloud of uncertainty and political rancor as bad, if not worse, than in the earliest days of the law.
But the long-term impact could disrupt coverage for more than 80,000 people in Kentucky who bought individual coverage under the Affordable Care Act through the government health insurance exchange, healthcare.gov, health advocates say.
The Trump administration has taken numerous steps to undermine the law, and many states are doing little to promote coverage as health insurance open enrollment begins this week.
Under the agreement, the city will increase its monthly health insurance contribution for association members from $556 to $2,119.
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).
medical Definition of health insurance
legal Definition of health insurance
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Seen and Heard
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