Transcript Document 7152321

How does it work?
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Compare the basic principles of at least four
different insurance plans.
Apply the concepts of insurance deductible,
co-insurance, and co-pay.
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History of Health Care in the United States
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In groups, discuss:
◦ How the rising cost of health care can be
controlled? Provide examples.
◦ If health care costs can be controlled will that make
health care more available to people? Why?
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How does health insurance work?
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In your group discuss:
◦ Is it fair for healthy people to pay the share the
health care costs of unhealthy people? Defend your
position.
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Health care costs are rising faster than other
costs of living
Most people rely on health insurance plans to
pay for health care costs
Without insurance, the cost of an illness can
become a financial disaster
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Co-payment
Co-insurance
Maximum out of pocket
Lifetime maximum
Deductible
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Insurance lingo
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Health insurance plans
◦ Health maintenance organization (HMO)
◦ Preferred provider organization (PPO)
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Medicare
◦ Medigap
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Medicaid
(continues)