Define Universal Health Insurance

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Universal health insurance has become more into being with the passage of the Affordable Care Act. Get a definition of universal health insurance with help from a longtime insurance professional in this free video clip.

Part of the Video Series: Insurance FAQs
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Video Transcript

Hi, this is Tony Chimino. I'm the CEO of Assurance talking to you about universal health insurance. The term universal health insurance has become more into being with the passage of The Affordable Care Act. Basically, universal health insurance is a system where every person in the United States has access and the requirement to purchase health insurance. Now this can be done in numerous ways. Many people purchase health insurance through their employer. Some people do it individually and others still do it through governmental programs such as Medicare and Medicaid. The universal health care system that we've created in the United States allows everyone to make sure they have appropriate and at least minimum insurance coverage so that they'll be taken care of in their time of need. Again, this is Tony Chimino, giving you a little bit of information about universal health insurance.

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