In health insurance, what is the amount that must be paid by the patient to an insurance agency for a health insurance policy?.

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12-09-2022
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In health insurance, what is the amount that must be paid by the patient to an insurance agency for a health insurance policy?.

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devikabalrajan devikabalrajan · Answer 1 · 2022-09-14T15:03:39+02:00

In health insurance, premium is the amount that must be paid by the patient to an insurance agency for a health insurance policy?

What is health insurance?

Health insurance is a type of insurance that covers all your medical expenses that arise due to an illness.

What are the different types of Health Insurance?

1. Mediclaim Plans

The Mediclaim or hospitalization plans are the most basic type of health insurance plans. They cover the cost of treatment when you are admitted to the hospital. The payment is made on actual expenses incurred in the hospital by submitting original bills.

2. Critical Illness Insurance Plans

Critical Illness Insurance Plans cover specific life-threatening diseases. Unlike hospitalization plans, the payout is made on Critical Illness cover chosen by the customer and not on actual expenses incurred in the hospital.

To learn more about Health insurance, refer to:

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