What does Comprehensive Health Insurance mean? Read on to discover the definition & meaning of the term Comprehensive Health Insurance - to help you better understand the language used in insurance policies.
Comprehensive Health Insurance
Comprehensive health insurance is health insurance that offers coverage to various extents for many forms of health care services as opposed to just one or a few. Therefore, this type of policy would help pay for medical services like doctor visits and fees, hospital stays, medications, and surgeries. However, it tends to be very costly due to the wide range of coverage it provides and other factors like adverse selection and moral hazard.
We hope the you have a better understanding of the meaning of Comprehensive Health Insurance.