Answers to your most common health insurance questions.
Basic concepts and information about health insurance
Health insurance is a contract between you and an insurance company that helps pay for medical expenses when you need care. Without health insurance, you'd be responsible for paying the full cost of medical services, which can be extremely expensive.
Health insurance provides financial protection against unexpected medical costs, helps you access preventive care to stay healthy, and can give you peace of mind knowing you're covered if you get sick or injured. It's an essential part of your financial security and overall wellbeing.
These acronyms refer to different types of health insurance plans, each with its own structure for provider networks and rules for coverage:
The best plan type depends on your healthcare needs, budget, and preferences regarding provider choice and cost structure.
The Affordable Care Act (ACA), also known as Obamacare, is a comprehensive healthcare reform law enacted in 2010. Key provisions that may affect you include:
The ACA also established Health Insurance Marketplaces where individuals and small businesses can compare and purchase health insurance plans.
Submit your question and our insurance specialists will get back to you with an answer