Everything You Need to Know About Medical Insurance Plans
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Introduction Medical insurance is one of the most important tools for protecting both your health and your finances. In a world where healthcare costs are rising and medical emergencies can strike at any time, having the right insurance plan provides not only peace of mind but also a financial safety net. However, many people still feel overwhelmed by the different types of plans, unfamiliar terms, and fine print. This article aims to simplify the subject by walking you through everything you need to know about medical insurance plans , from basic concepts to choosing the right one for your needs. 1. What Is Medical Insurance? Medical insurance, also known as health insurance, is a type of coverage that helps you pay for medical expenses. These can include: Doctor visits Hospital stays Emergency services Prescription drugs Preventive care Surgeries and specialist consultations Instead of paying the full cost out-of-pocket, insurance shares the financial bur...