Health Insurance Association of America has defined Health insurance as: coverage that provides for the payments of benefits due to sickness or injury. It Involves insurance of loss/outflows occurring from accident, disabilityor accidental death. By measuring Probability of occurrence of adverse event and then estimation of health expenses, an insurer can develop a monthly finance structure as a premium, to make sure that money is available to pay for the health care benefits as per insurance agreement. The benefit is administered by a government agency.
Many people in the United States get a health insurance policy through their employers. Insurance through employers is often with a care plan. These plans contract with health care providers and medical facilities to provide care for members at reduced costs. You can also purchase health insurance on your own.People who meet certain requirements can qualify for government health insurance, such as Medicaid and Medicare. The Affordable Care Act would expand health insurance coverage for many people in the U.S. Starting in October 2013;one will get eligible for Insurance health coverage for January 2014.
If you are buying insurance from your employer, brand name could be first category you see. Some Famous health insurance brands include Cigna, Humana, Blue Cross Blue Shield as well as United.
These brands provide following insurance plans:
The Student Secure plan provides international student health insurance to both international and study abroad students who are studying outside of their home country either in the USA or around the world. This insurance plan offers coverage on a monthly basis that will meet and exceed nearly all school and government requirements.Students on the J1 and F1 visa (even OPT) are eligible for coverage.
The Student Secure comes in three plan levels;
• Smart :$200,000 Policy limit
• Budget : $250,000 Policy limit
• Select : $300,000 Policy limit
These plans are providing you with the plan choices you need.It also includes coverage for mental health, maternity, pre-health conditions.