The three primary sources of health insurance are -
- Private insurance
- Medicare
- Medicaid
Health insurance
Health insurance is the insurance coverage of medical and surgical expenses incurred by the insured individual. There are different types of health insurance on their sources.
Private insurance is insurance that is purchased by employers or on their own. Medicare is the insurance program for elder people above 60 or 65 by the federal government. Medicaid is the insurance program initiated by the state and federal governments to give some health insurance to people with low income and resources.
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