What is health insurance?

Health insurance is a type of contract in which an insurance company agrees to cover an
individual's medical and hospital expenses in exchange for regular premium payments. The
main objective of health insurance is to protect individuals and their families from the high
costs of healthcare.
Health insurance can cover a wide range of medical services, such as doctor's visits,
treatments, surgeries, prescription medications, hospitalization, and preventive services. The
coverage and benefits may vary depending on the plan and insurance company, so it is
important to carefully read the terms and conditions before purchasing health insurance.
By having health insurance, individuals can access quality healthcare without worrying about
the high costs. This provides them with peace of mind and financial security in case of illness,
accidents, or medical emergencies. Additionally, health insurance may also offer additional
services, such as wellness programs, medication discounts, and access to a network of
healthcare providers.
In summary, health insurance is a mechanism that provides financial protection and access to
quality healthcare. It is essential to ensure that individuals and their families can receive
necessary medical care without facing a significant financial burden.