Health insurance is a type of insurance coverage that pays for medical and surgical expenses incurred by the insured. It can also provide coverage for a range of other health-related services, such as preventive care, prescription medications, and mental health services. Health insurance may be purchased by individuals or provided as part of a benefits package by employers.
The main purpose of health insurance is to protect individuals from high or unexpected healthcare costs. In most cases, the insured pays a premium to maintain the policy, along with potential deductibles, copayments, and coinsurance when accessing healthcare services. Health insurance plans can vary widely in terms of coverage types, network of providers, and out-of-pocket costs.
Overall, health insurance is an essential financial product for managing healthcare expenses, ensuring access to medical services, and promoting overall health and well-being.
Muface is currently evaluating Nueva Mutua Sanitaria, the only bidder for providing healthcare to 8,000 Spanish officials overseas. The evaluation deadline has passed without clarity on whether Nueva Mutua meets…