Health Insurance is a form of insurance that covers specific medical expenses which may be provided through a government sponsored social insurance program, or from a private insurance company.
Health insurance may be purchased on a group basis, as by a group to cover its employees, or purchased by individual consumers. In either case, the covered individuals or groups pay premiums or taxes as a means to protect themselves from high or unexpected healthcare expenses.
Similar benefits, which pay for medical expenses, may also be provided through social welfare programs funded by the government.
Health insurance estimates the overall risk of health care expenses, develops a routine finance structure, and will ensure that money is available to pay for the health care benefits, which are specified in the insurance agreement.
This benefit is administered by a central organization, usually a government agency, private agency, or non-profit operating a health plan.
We can shop all of the Health Insurance companies in NJ and surrounding states to secure you the lowest rate. We also can bundle this with Life Insurance and Dental Plans for a comprehensive group coverage plan.
For seniors on Medicare, we offer Medicare Supplement Insurance to help pay the extra gaps in your current health coverage.