Health Insurance

Definition of Health Insurance Hierarchical Category as it relates to Health

A system of financing that provides coverage for an individual's healthcare expenses, protecting them from high or unexpected costs. This typically involves regular payments to an insurance company in exchange for a promise of coverage for various health-related services and procedures. The scope of coverage can include preventive care, treatments for illness and injury, and prescription medication. The health aspect refers to the overall well-being of an individual, including physical, mental, and social aspects.

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