Health Insurance :
Health insurance is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance is risk among many individuals.
Premium:
an amount to be paid for a contract of insurance.
Determinants of Premium:
- Gender
- Age
- Medical history of the family
- Smoking and drinking habits
- Occupation
- Health history
- Current health status
- Lifestyle