What is a policyholder?

A policyholder is an individual who has purchased a health insurance policy from an insurance company in the state of California. This policyholder pays a monthly or yearly premium to the insurance company in exchange for coverage on their healthcare expenses. The policyholder is also responsible for any co-pays or deductibles required by their health insurance policy. Policyholders are typically only able to make use of the coverage provided by their policy if they meet the eligibility requirements set forth in the policy. These requirements usually include being a resident of California, and proof of economic need. Policyholders are also responsible for informing their insurance company of any updates to their personal information, such as changes of address, employment, or any other changes that may affect their eligibility. Having and maintaining health insurance coverage is extremely important in California, as it helps protect policyholders from the financial burden of the healthcare system.

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