Medical/Health Insurance

Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care and health system expenses, among a targeted group, insurance companies develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is available to pay for the health care benefits specified in the insurance agreement.

Health insurance cover is available for individuals and it is also available for corporate organizations that are willing to offer a medical benefit to its staff members and their families.