Health insurance is an insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons. By estimating the overall risk of health care and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement.The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity.

Health insurance is a type of insurance coverage that pays for medical and surgical expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly. It is often included in employer benefit packages as a means of enticing quality employees. The cost of health insurance premiums is deductible to the payer, and benefits received are tax-free.

The Insurance Management Systems is a complete management system designed to handle all aspects of running your insurance agency from tracking your policy count to working your expiration list and everything in between. The application that would allow admin to add, edit and review documents regardless of their physical location. Insurance Management System (IMS) will decrease your workload and increase your efficiency, thus allowing you time to concentrate on increasing production. Our goal is to eliminate redundancies by automating many of your day-to-day tasks; reduce expenses with such tools as going paperless; and help you properly manage your agency by giving you the information you need to make solid business decisions.

Insurance plans with higher out-of-pocket costs generally have smaller monthly premiums than plans with low deductibles. When shopping for plans, individuals must weigh the benefits of lower monthly costs against the potential risk of large out-of-pocket expenses in the case of a major illness or accident. Health insurance has many cousins, such as disability insurance, critical (catastrophic) illness insurance and long-term care (LTC) insurance.