Question

Latoya has a lot of doctor’s visits coming up, and her children all need vaccinations for the upcoming school year. which type of insurance would be most helpful to her in this situation?

Answer 1

Health insurance would be most helpful to Latoya.

What is Health insurance?

• Health insurance, often known as medical insurance in South Africa, is a type of insurance that covers all or part of the risk of a person incurring medical expenses.
• Risk, like other types of insurance, is shared among many people.
• An insurer can design a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits stipulated in the insurance agreement by calculating the overall risk of health risk and health system expenses over the risk pool.
• The benefit is managed by a central institution, such as a government agency, a private company, or a non-profit organization.

Therefore, health insurance would be most helpful to Latoya.

Know more about health insurance here:

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