What are the types of health insurance coverage in America?
Health insurance coverage in America can be divided into several main categories. These include employer-sponsored health insurance, private health insurance, Medicaid, and Medicare. Employer-sponsored health insurance is a type of coverage provided by employers and typically covers a range of healthcare services. Private health insurance is an individual insurance plan available to those who are not eligible for employer-sponsored plans. Medicaid is a federal and state funded health insurance program for low-income individuals, families, and children. Lastly, Medicare is the federal health insurance program for people aged 65 and over. All of these options provide different levels of coverage, so it is important to understand the differences before making a decision.