Health insurance policy

A health insurance policy is a type of insurance that provides coverage for medical and surgical expenses incurred by the policyholder. In the USA, health insurance policies are typically purchased from private insurance companies, although there are also government-run programs like Medicare and Medicaid that provide health coverage to eligible individuals.

Health insurance policies in the USA can cover a variety of medical expenses, including hospital stays, doctor's visits, prescription medications, and medical procedures. Some policies also provide coverage for preventative care, such as annual check-ups and routine screenings.

When purchasing a health insurance policy, the policyholder typically pays a monthly or annual premium to maintain coverage. The policy may also have a deductible, which is the amount the policyholder must pay out-of-pocket before the insurance company begins to cover medical expenses.

The specifics of a health insurance policy, including coverage limits, exclusions, and deductibles, can vary depending on the insurance company and the specific policy being purchased. It's important to carefully review the terms and conditions of any health insurance policy before purchasing it to ensure that it meets your needs and provides the coverage you require.