Resource title

Health Insurance Options

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image for OpenScout resource :: Health Insurance Options

Resource description

Health insurance is a contractual agreement between an individual or group and an insurance provider through which the insurance provider agrees to pay for some or all of the health care costs incurred by the person or group in exchange for their regular payment of a sum known as a premium. In this way, the insurance company assumes the financial risk of reimbursing health care costs, but it is able to offset that risk by collecting premiums from a large number of people, many of whom will have very low medical expenses.

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Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/small/Eq-Inc/Health-Insurance-Options.html

Resource license

Copyright © 2011 Advameg, Inc.