Insurance is a term used to refer to the act, systems, or business where financial protection (or financial compensation) for life, property, health and so forth get reimbursement of events that can not be alleged that can occur such as death, loss, damage or pain, which involves regular premium payments within certain period of time in exchange for a policy that ensures the protection.
And in the beginning Romneycare begat Obamacare. But Romneycare's days may be numbered.
RomneyCare’s pioneering health insurance exchange is headed for the scrap heap.
Bay State officials are taking steps this week to junk central parts of their dysfunctional health insurance exchange — the model for President Barack Obama’s health care law — and merge with the federal enrollment site HealthCare.gov.
The decision is part of an expensive plan that would occur alongside a parallel, last-ditch attempt to still build a working state system.
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