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- Dictionaryhealth insurance
noun
- 1. insurance taken out to cover the cost of medical care: "having adequate health insurance is of utmost importance"
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noun
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Insurance that covers the whole or a part of the risk of a person incurring medical and healthcare expenses
Health insurance or medical insurance is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals. By estimating the overall risk of health risk and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll ... Wikipedia