Which is the valuable medical insurance for family?

balajirvr
Asked Jul 06, 2011
Medical insurance is a contract between you and an insurance company where you agree to pay them a fixed amount monthly and they agree to pay the bulk of the medical bills incurred by you or your family. The rates are based on statistical risk for persons that age in the area where you live. For that reason you have to buy it locally or regionally. There are no one-size-fits-all solutions available world-wide.

The value for you is that it insures your family will be treated and that large medical bills will not wipe you out financially.
Rob
Answered Jul 06, 2011
Edited Jul 06, 2011

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