Health Insurance

What is health insurance? How Do I get it? How expensive is it? Do I need a job or can I be self employed?


Health insurance


Is a type of insurance whereby the insurer pays the medical costs of the insured if the insured becomes sick due to covered causes, such as sickness or injury. The insurer may be a private entity or a government agency. Included in health insurance are various types of insurance such as accident insurance, disability income insurance, medical expense insurance, and accidental death and dismemberment insurance.

According to the latest U.S Census Bureau approximately 85% of Americans have health insurance. Approximately 60% obtain health insurance through their place of employment or as individuals, and various government agencies provide health insurance to 25% of Americans.



Private health insurance

Before signing up with a health insurance policy make sure that you have read thoroughly the entire plan’s information, esp. the benefit’s section. The benefit’s section is the section that will explain all that is entitled to you once you get sick or hurt! This is of extreme importance for you. You must know what is covered and what is not, before you sign up to any coverage at all.



Pay attention when reviewing the policy to how it’s phrased.

Sometimes, Health insurance companies have a tendency of using big words and phrases to explain or “hide” health coverage exclusions within the complexity of these words. Basically its corporate mumbo jumbo, so be careful. You should compare as many health insurance contracts as you can, before you sign one.


Be prepared to answer many questions about your lifestyle.

Before buying health insurance, a person typically fills out a comprehensive medical history. Applicants are given a form that asks many questions. Such as whether the person smokes, weight, and has the person ever been treated for any diseases. Applicants can get discounts if they live a healthy lifestyle and do not smoke. Applicant’s medical history is also used to screen out people with pre-existing medical conditions.

Once you have signed up for one, you will pay a monthly amount, called a premium, to an insurance company in return for ‘benefits’, to be paid out as needed. The benefits are what you get when you are sick or hurt. Depending on the kind of plan that you choose, those benefits might include regular doctor’s office visits, checkups, emergency room services and hospitalizations, and treatment by specialists.