What is the primary purpose of health insurance?

The primary purpose of health insurance is to cover medical expenses and provide access to healthcare services. Health insurance is designed to help individuals manage the financial burden associated with healthcare costs, including doctor visits, hospital stays, surgeries, prescription medications, and other medical services. By paying a premium, policyholders gain financial protection that ensures they can receive necessary medical care without facing overwhelming out-of-pocket costs, which can deter individuals from seeking medical help when needed.

This option effectively summarizes the core function of health insurance, focusing on its role in facilitating healthcare access and cost management. The understanding of health insurance as a means to address medical expenses is crucial for both consumers to make informed choices and for professionals involved in healthcare and insurance to guide clients appropriately.