Health Insurance or Medical Insurance is a type of protection that covers the whole person suffering medical expenditures . As with other types of insurance is risk among many people. By guessing the overall danger of health risk and health system expenses over the risk pool, an broker can develop a routine finance structure, such as a monthly best or payroll tax , to provide the money to pay for the health care benefits specified in the insurance agreement. The benefit is managed by a central organization, such as a government agency, private business, or not-for-profit entity. According to the Health Insurance Association of America , health insurance is defined as "coverage that provides for the costs of benefits as a result of illness or damage. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment.” What is healt...