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How Does Health Insurance Work
By Kurt Stammberger

There are lots of different kinds of health insurance. Plan that cover medical services and prescription medicines, plans that cover dental expenses, disability insurance that replaces income lost due to extended illness or injury, long-term care, and so on. In the United States, people typically refer to the plans that cover medical expenses as health insurance", and these plans are usually bought by employers and offered to employees as part of their compensation, or benefits insurance plans are usually sold once, then renewed on an annual basis. So when a consumer buys health insurance (either directly or through an employer), the insurer agrees to pay for health expenses as long as the premiums are paid...
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In the News
UMass Memorial head sees new era in health care
Five years ago, former Federal Reserve Chairman Alan Greenspan said that the health care system in this country is not sustainable. Double-digit annual rate increases for health insurance had become the norm, and companies and municipalities groaned under the added costs. Read More ...

Health-care protest bills get Missouri OK
Health-care bills taking a swipe and President Obama's health-care program passed the Missouri legislature this week. One allows employers to refuse health insurance for birth control; the other would let voters decide whether to allow the creation of a health-insurance exchange. Read More ...

Fate of 'uninsurables' hinges on Supreme Court
WASHINGTON (AP) — Cancer patient Kathy Watson voted Republican in 2008 and believes the government has no right telling Americans to get health insurance. Nonetheless, she says she'd be dead if it weren't for President Barack Obama's health care... Read More ...

 

 

 
 
 
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