public insurance

State-sponsored protection plan

Public insurance is coverage provided or administered by government rather than private companies.

It typically refers to programs like Medicare, Medicaid, or national health insurance systems: She qualified for public insurance after losing her job.

The term distinguishes government-backed coverage from plans purchased through private insurers.

Opposites
ownership/administration

public insuranceprivate insurance

Non-state risk protection

commercial insurance · private health insurance · self-insurance · Lloyd's of London

coverage philosophy

public insuranceself-insurance

Assuming risk personally

funding mechanism

public insuranceself-pay

Uninsured payment method

direct payment

Family

public, insurance, publicly, publics, publication, publish, publisher, publishing, published

Familiarity
Top 200,000
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Timeless · Abstract · Rated G