What is Insurance Us 2022
Insurance is a way to manage your risk . When you buy insurance, you purchase protection against unexpected financial losses. The insurance company pays you or someone you choose if something bad happens to you.
Commercial insurance in the UK
If you run a Business in the UK or are self – employed in any capacity you will need to make sure that you have the right level of insurance to stay within the law and to protect your business .
Business insurance in the UK
Public liability insurance –
compulsory for any business with a public premises or carrying out activities publicly . This insurance covers both injury and damage to property caused to third parties . .
Employers ‘ liability insurance
compulsory to all businesses with employees. This covers any claims made by employees if they are sick or injured due to their work for you.
How U.S. Health Insurance Works
Health care in the United States can be very expensive .
A single doctor’s office visit may cost several hundred dollars and an average three – day hospital stay can run tens of thousands of dollars ( or even more ) depending on the type of care provided . Most of us could not afford to pay such large sums if we get sick , especially since we don’t know when we might become ill or injured or how much care we might need . Health insurance offers a way to reduce such costs to more reasonable amounts .
Health Insurance Coverage in the United States
- In 2020, 8.6 percent of people , or 28.0 million, did not have health insurance at any point during the year.
- The percentage of people with health insurance coverage for all or part of 2020 was 91.4 .
- Between 2018 and 2020 , the rate of public health insurance coverage increased by 0.4 percentage points to 34.8 percent . ..
- More children under the age of 19 in poverty were uninsured in 2020 than in 2018. Uninsured rates for children under the age of 19 in poverty rose 1.6 percentage points to 9.3 percent .