health insurance

Health insurance is a contract providing financial support for medical expenses incurred by the policyholder in exchange for regular premiums. It ensures access to necessary medical care, improves health outcomes, and offers preventive measures. While beneficial, it faces criticism due to high premiums, underinsurance, and complex policies. Alternatives include cost-sharing programs, HSAs, and discount plans. Choosing the right plan involves evaluating specific healthcare needs, comparing coverage and costs, and reviewing provider networks. Health insurance is vital for public health, offering financial security and improved access to healthcare.