When a health insurance policy is purchased in the state of new york, the insured may return the policy to the insurer and receive a premium refund within the maximum period of 20 days
Health insurance safeguards you against unexpectedly high medical costs. Even before you meet your deductible, you pay less for covered in-network health care. Even before you meet your deductible, you are entitled to free preventive care such as vaccines, screenings, and some check-ups.
Health insurance serves to cover an insured individual's medical, surgical, and dental expenses, which can also include the cost for their prescription meds. It can either be in the form of reimbursements or directly paid for by the healthcare provider.
The main purpose of medical insurance is to receive the best medical care without any strain on your finances. Health insurance plans offer protection against high medical costs. It covers hospitalization expenses, day care procedures, domiciliary expenses, and ambulance charges, besides many others.
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