Government Insurance
Updated: 29 February 2024
What Does Government Insurance Mean?
Government insurance is state-created insurance meant to provide coverage for its citizens. It may have private partners or operators working with oversight from a government agency. This insurance can be mandatory or may act as a government counterpart to a private insurer.
Insuranceopedia Explains Government Insurance
Government insurance may provide coverage for government employees, such as the Federal Health Benefits Program available to American civil service workers. It can also be made available to the general citizenry, like Medicaid, a state-run insurance program available to those who qualify.
Related Definitions
Related Terms
Related Articles
Life Insurance Basics: Top Tips Before You Commit
Insurance Self-Service Portal: The Future of Customer Experience
Blockchain’s Impact on Transforming the Insurance Landscape
What Every College Student Should Know About Renters Insurance
Guidance for Nurses: Five Essential HIPAA Compliance Tips
Insuring Your Financial Future: the Crucial Role of Accounting in Insurance
Related Reading
What Students Need to Know About Insurance Coverage During Internships
A Roadmap for Students Interested in the Insurance Industry
Strong Identity Verification in the Insurance Sector
How to Avoid Online Insurance Scams
How to Get Into the Insurance Industry With a Finance Degree
The Role of Insurance in Protecting Educational Investments