Health Insurance

What is Health Insurance?

Health insurance is a type of insurance coverage that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly.

It’s designed to protect individuals from the high costs of healthcare, offering a range of plans that can cover everything from routine doctor visits and preventive care to major medical expenses arising from chronic conditions, surgeries, and hospitalisations. This insurance is crucial for individuals to manage their health care costs and access necessary medical services without facing financial hardship.

Do you need Health Insurance?

Everyone needs health insurance, regardless of age or health status, as it provides essential financial protection against the high cost of medical care. It ensures access to necessary medical services, from routine check-ups and preventive care to treatment for illnesses, injuries, and chronic conditions, helping to avoid significant out-of-pocket expenses and potential financial hardship due to unexpected medical issues.