health insurance companies

Health insurance companies provide coverage that helps pay for medical expenses, such as doctor visits, hospital stays, and medications. They operate by pooling funds from many individuals through premiums and using that money to cover healthcare costs for policyholders. In exchange for premiums, the insurer agrees to help reduce your out-of-pocket costs when you need care, often through negotiated rates or specific coverage plans. They also manage networks of healthcare providers and set rules for how and when services are covered, ensuring members receive appropriate care while controlling overall costs for both consumers and the company.