Government Insurance
Updated: 06 November 2024
What Does Government Insurance Mean?
Government insurance is state-established insurance designed to provide coverage for citizens. It may involve private partners or operators working under the oversight of a government agency. This insurance can be mandatory or may serve as a government alternative to private insurance providers.
Insuranceopedia Explains Government Insurance
Government insurance may offer coverage specifically for government employees, such as the Federal Employees Health Benefits Program available to American civil service workers. It can also be extended to the general public, as seen with Medicaid, a state-run insurance program accessible to qualifying individuals.
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