Are You Insured?
Posted at by ifydcat on category FinanceYour health insurance binds you to your health insurance company, and your health insurance company to you. It’s not such a bad thing, though, especially because they are about to be paying your healthcare bills, for a token from you.
The organization covering your health insurance is your health insurance carrier, your health insurer, or simply, your health insurance company. They can ask you that question in the hospital when you suddenly have to come in for treatment, and you should have the answer to it. It may be what saves your life when they decide to operate or not.
Your health insurance is not life coverage, so do not mistake them for each other. Life is taken by someone close to you and not you because you are dead. Health is paid to you, because you are the one getting treated. Bright side? You are alive to get it.
When you fall ill, your health insurance will see that the company pays compensation to you for the treatment you had to receive. If you incur bills in the hospital, you get to have those costs taken care of by them or you get reimbursed for whatever you spend. That is how health insurance works, and it is not going to change anytime soon.
If a particular harm comes to you, you had better have health insurance. If you don’t, you may have to pay through your nose to settle the medical bills. Trust me, that is not a place that you want to be.
Health insurance is not auto insurance. They may have a few clauses in common, but they aren’t the same thing. If you are looking for someone to handle injuries to the other person, you might need to consult the auto insurer. The health is to cater to you.
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