health insurance
A plan you pay for regularly that helps cover the cost of medical care so you are not paying the full bill yourself. You usually must have a specific type called a high deductible health plan to open an HSA.
Where it is explained in full
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A definition says what a thing is; it never says whether it fits you. The guides explain how it works and name the professional who confirms it for a particular person. The No Advice Disclosure.
Words beside it
- FDIC insurance
Federal insurance on bank deposits up to a limit per depositor per bank.
- health savings account
A special bank account the government allows you to open so you can save money specifically for medical costs and get tax benefits while doing it.
- high deductible health plan
A type of health insurance where you pay more of your own medical bills upfront before the insurance company starts helping you pay.
- Term life insurance
Life insurance for a set number of years. Cheap, and usually the right kind.
- Umbrella insurance
Liability coverage above your home and auto policies.
- Whole life insurance
Insurance plus a savings component, usually expensive for what it does.
Ask about health insurance
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