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    our hospital bill after you have paid a portion of it. This initial payment that you make is called a deductible and it would depend on the plan that is given to you. For exampl
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    Health is wealth, as they say, and this is particularly true if you are trying to support your family. The good news is that most employers now offer health insurance plans for their employees as part of a compounded benefits package upon signing of contract. But how do health insurance policies, particularly group policies, work? How do they benefit you?

    How do health insurance policies work?

    Generally, health insurance policies are there to take care of all your medical needs and emergencies without having to pay for them right away in cash. In most cases, you pay a premium, or a monthly fee, to a health insurance agency and in the event of hospitalization, they will pay for the rest of your hospital bill after you have paid a portion of it. This initial payment that you make is called a deductible and it would depend on the plan that is given to you. For example

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    their employees as part of a compounded benefits package upon signing of contract. But how do health insurance policies, particularly group policies, work? How do they benefit you?

    How do health insurance policies work?

    Generally, health insurance policies are there to take care of all your medical needs and emergencies without having to pay for them right away in cash. In most cases, you pay a premium, or a monthly fee, to a health insurance agency and in the event of hospitalization, they will pay for the rest of your hospital bill after you have paid a portion of it. This initial payment that you make is called a deductible and it would depend on the plan that is given to you. For exampl

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    How do health insurance policies work?

    Generally, health insurance policies are there to take care of all your medical needs and emergencies without having to pay for them right away in cash. In most cases, you pay a premium, or a monthly fee, to a health insurance agency and in the event of hospitalization, they will pay for the rest of your hospital bill after you have paid a portion of it. This initial payment that you make is called a deductible and it would depend on the plan that is given to you. For exampl

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    for them right away in cash. In most cases, you pay a premium, or a monthly fee, to a health insurance agency and in the event of hospitalization, they will pay for the rest of your hospital bill after you have paid a portion of it. This initial payment that you make is called a deductible and it would depend on the plan that is given to you. For exampl
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    our hospital bill after you have paid a portion of it. This initial payment that you make is called a deductible and it would depend on the plan that is given to you. For example, if your plan stipulates that you must pay, say, $30 a month but your deductible is only for the first two days of hospitalization, that means the insurance company will cover the remainder of the bill after you have paid for your first two days in the hospital. Usually, the higher the premium, the greater the deductible.

    What about group health insurance? Is there anything in particular that I need to know about it?

    In the case of group insurance plans, these are offered as a package from the insurance company to all the members of a particular group, or the head of that group. The advantage of this is that people who would normally be denied individual health insurance can be covered by

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