Health Insurance Terms Definitions

tricare health insurance

Direct-purchase health insurance is coverage though a plan purchased by an individual from a private company.

Government Health Insurance

Government health insurance includes plans funded by governments as the federal, state, or local level. The major categories of government health insurance are medicare, medicaid, the State Childrens Health Insurance Program (SCHIP), military health care, state plans, and the Indian Health Service.

Medicare

Medicare is the Federal program which helps pay health care costs for people 65 and older and for certain people under 65 with long-term disabilities.

Medicaid is a program administered at the state level, which provides medical assistance to the needy. Families with dependent children, the aged, blind, and disabled who are in financial need are eligible for Medicaid. It may be known by different ... http://insurance-car.ucoz.com/news/tricare_health_insurance/2013-06-17-3536