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

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