Government Insurance

Published: | Updated: February 25, 2018

Definition - 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.

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