What is the purpose for health insurance?

Answer A health insurance plan is an agreement with a company, the government or a nonprofit agency that approved medical expenses will be paid for by the insurer on behalf of the insured.BackgroundWith c... Read More »

Top Q&A For: What is the purpose for health insurance

What is the purpose of health insurance?

Answer To offset the costs of medical bills. The idea is that you are still responsible for the bills, but the LARGER costs are usually picked up by the insurance company. It's not a scheme so tha... Read More »

What is the purpose of health care insurance?

The purpose of health care insurance is help people pay for health care; many people cannot afford to pay for large unexpected medical expenses out of pocket so they require insurance to protect ag... Read More »

What is the purpose of mandatory student health insurance?

Most universities require their students to enroll in a mandatory health insurance plans, but many students don't understand why. Two reasons for mandatory coverage are financial protection for the... Read More »

If you are an American traveling through Canada with no health insurance should you purchase health insurance for your trip?