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-as of [21 FEBRUARY 2024]–
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-‘health insurance’ is ‘insurance’ against the risk of incurring ‘medical expenses’ among ‘individuals’–
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(by estimating the overall risk of ‘health care’ + ‘health system expenses’, among a ‘targeted group’, an ‘insurer’ can develop a ‘routine finance structure’ (such as a ‘monthly premium’ or ‘payroll tax’) to ensure that money is available to pay for the ‘health care benefits’ specified in the ‘insurance agreement’)
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(the ‘benefit’ is administered by a ‘central organization’ such as a…)
‘government agency’
‘private business’
*’not-for-profit’ entity*
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‘health insurance’ is defined by ‘coverage’ that provides for the ‘payments’ of ‘benefits’ as a result of ‘sicknes’ or ‘injury'”
*THE HEALTH INSURANCE ASSOCIATION OF AMERICA*
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(it includes ‘insurance’ for losses from…)
‘accidents’
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‘medical expense’
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‘dis-ability’
‘accidental death’ + ‘dismemberment’
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