Medical insurance, often referred to as health insurance, is a financial product that provides coverage for various healthcare expenses.

The specific coverage, costs, and benefits of these insurance products can vary widely. When choosing a medical insurance product, it’s essential to consider your healthcare needs, budget, and the network of healthcare providers available under the plan.

Additionally, understanding terms like premiums, deductibles, copayments, and out-of-pocket maximums is crucial to making an informed decision about your healthcare coverage.