Insurance Options in America
Insurance Options in America
Insurance Options in America
Outline 1. What is the definition of health insurance 2. What is public health insurance 3. What is private health insurance 4. 2010 Healthcare Reform Bill 5. Conclusion
[ ]Abstract
Health insurance is not the first thing on the minds of seemingly healthy individuals. Many people, that are nonelderly, generally consider buying health insurance if they have a hazardous job, choose to have children, or have a chronic illness. But, is this section of American life without its drawbacks? With the rise in people being diagnosis with long term or chronic illnesses, the criminal act of defrauding the health insurance industry is becoming more and more commonplace. This paper will explore some of the history behind health insurance, the difference between public and private health insurance, and what the 2010 Health Care Reform Bill entails.
Insurance options in America
Changing Healthcare Options
What is the definition of health insurance
Individuals acquire health insurance for similar reasons they may acquire auto or homeowners insurance. Health insurance is a an agreement for the insurer to provide or reimburse medical care costs provided to the insured individual in the event of an illness or injury. [ (Obringer, 2006) ] Insurance is provided to individuals on a high risks kind of platform. An insurance company, like BCBS or The Hartford, agrees to pay certain medical costs incurred by the insured during the year of coverage. A health insurance policy tells what the insurance company and the insured will pay for medical expenses. The policy may stipulate that a co-payment be paid by the insured and the remaining bill will be picked up by the insurer. [ (Obringer, 2006) ] Or, the insurer may
Insurance Options in America
Outline 1. What is the definition of health insurance 2. What is public health insurance 3. What is private health insurance 4. 2010 Healthcare Reform Bill 5. Conclusion
[ ]Abstract
Health insurance is not the first thing on the minds of seemingly healthy individuals. Many people, that are nonelderly, generally consider buying health insurance if they have a hazardous job, choose to have children, or have a chronic illness. But, is this section of American life without its drawbacks? With the rise in people being diagnosis with long term or chronic illnesses, the criminal act of defrauding the health insurance industry is becoming more and more commonplace. This paper will explore some of the history behind health insurance, the difference between public and private health insurance, and what the 2010 Health Care Reform Bill entails.
Insurance options in America
Changing Healthcare Options
What is the definition of health insurance
Individuals acquire health insurance for similar reasons they may acquire auto or homeowners insurance. Health insurance is a an agreement for the insurer to provide or reimburse medical care costs provided to the insured individual in the event of an illness or injury. [ (Obringer, 2006) ] Insurance is provided to individuals on a high risks kind of platform. An insurance company, like BCBS or The Hartford, agrees to pay certain medical costs incurred by the insured during the year of coverage. A health insurance policy tells what the insurance company and the insured will pay for medical expenses. The policy may stipulate that a co-payment be paid by the insured and the remaining bill will be picked up by the insurer. [ (Obringer, 2006) ] Or, the insurer may
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