Health insurance provides insurance for medical risks or problems. Health insurance is often organized by a non-profit company. The medical expenses are based on the risks and can be developed as long as the money is available in order to pay the health insurance in order to get the benefit from the insurance that is purchased. The benefit for this insurance is organized by government or non-profit company.
The Health insurance firstly occurred in 1694 promoted by Hugh the Elder Chamberlen, from Peter Chamberlen family. The first one to occur is accident insurance. Mostly and originally, health insurance is referred to insurance for disability. If in the old times, health insurance‘s patients pay with their own money, now as the system evolved into the modern one. Now, health insurance covers the routine cost, preventive effort, and emergency health needs.
The health insurance can be expanded depends on the agreement between the consumer and the company. It can be updated monthly, and can be changed into lifelong insurance. Health insurance is often offered to the elders or people with bad health condition. This is done so that they can protect their family from being poor in order to pay the bill from hospitals.
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