Describe the Four Major Types of Health Insurance
Health insurance is a type of insurance coverage that covers the cost of an insured individual's medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider. Here, you will be able to research the major types-the most preferred and the not so preferred.
Describe the four major types of health insurance and identify which population groups are commonly covered by each.