What You Need to Know

    Health insurance, often termed as medical or healthcare insurance, is a type of coverage engineered to aid policyholders in counterbalancing the financial impact of medical costs. The precise scope of coverage and the policyholder's fiscal obligations, encompassing elements like copayments, deductibles, and coinsurance, are dictated by the detailed stipulations of the policy and are in accordance with the applicable state and federal regulatory frameworks. Health insurance, whether employer-provided or procured independently, plays a pivotal role in an individual's financial and healthcare strategies, serving as a dual function of emotional reassurance and fiscal safeguard against unpredicted healthcare expenditures.