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Introduction to Health Insurance
Chapter 2 Introduction to Health Insurance
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Types of Insurance Automobile Disability Liability Malpractice
Property Life Health
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Defining Health Insurance
Indemnification to cover some or all costs of treating injury or disease
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Automobile Insurance Contract between a person and an insurance company Monthly premiums to cover car-related losses
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Automobile Insurance Coverage for collision, vandalism, roadside help, liability, medical, personal injury, and uninsured motorist
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Disability Insurance Compensation due to an injury or permanent illness Frequently provides monetary assistance, but not health care services Benefits may be obtained if person is: Unable to work Employed when disabled
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Liability Insurance Covers losses to a party other than the insured
Covers medical care, lost wages, and in some cases pain and suffering of wounded party
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