Types of Health Insurance
There are many different types of health insurance, including:
Employer-sponsored health insurance: This is health insurance that is offered by your employer. It is often one of the most affordable types of health insurance.
Individual health insurance: This is health insurance that you purchase on your own. It can be more expensive than employer-sponsored health insurance, but it gives you more flexibility in terms of choosing a plan.
Government-sponsored health insurance: This is health insurance that is offered by the government. It is often available to people with low incomes or certain disabilities.
Health Insurance Marketplace
The Affordable Care Act (ACA), also known as Obamacare, created health insurance marketplaces where you can compare and buy health insurance plans. The marketplaces are run by the federal government and the states.
Health Insurance Companies
There are many different health insurance companies in the United States. Some of the most popular health insurance companies include:
Aetna
Anthem
Cigna
Humana
UnitedHealthcare
The cost of health insurance varies depending on the type of plan you choose, your age, your health history, and other factors. You can usually expect to pay a monthly premium for your health insurance. You may also be responsible for paying a deductible and coinsurance.
A health insurance premium is the monthly amount you pay for your health insurance. The premium is typically deducted from your paycheck or paid directly to your insurance company.
Health Insurance for Self-Employed
If you are self-employed, you can purchase health insurance through the health insurance marketplace or from a private insurance company.
Health Insurance Deductible
A health insurance deductible is the amount you must pay out-of-pocket before your health insurance starts to pay for your medical care.
Health Insurance Portability and Accountability Act (HIPAA)
The Health Insurance Portability and Accountability 1 Act (HIPAA) is a federal law that protects your health information. It gives you certain rights, such as the right to access your medical records and the right to control who has access to your information.
This information is for general informational purposes only and should not be considered medical advice. Please consult with a qualified healthcare professional for any questions regarding your specific health condition.