Health Insurance Full Review

What the dollar amount paid each month for insurance coverage?

• Deductible

• Premium

• Coinsurance

• Copay

What are the 4 most common ways monthly premiums are paid?

• Self Pay, Employer, Federal Government, State Government

• Self Pay, Spouse, Federal Government, State Government

• Auto Pay, Employer, Federal Government, State Government

• Self Pay, Employer, Federal Government, Starbucks App

set $ amount you’ll pay for service - already know ahead of time how much it will cost you.

• Premium

• Deductible

• Copay

• Coinsurance

You pay % of the final bill - have to wait until billed to know how much it will cost you.

• Premium

• Deductible

• Copay

• Coinsurance

Which of these people does not qualify for Medicare part A coverage?

• Someone 65 years or older

• Someone younger with certain disabilities

• A person who falls below 138% of the poverty line

• Patients with end stage renal disease

What is Medicaid?

• Insurance coverage for low-income patients and families.

  Federally and state funded

• For families that make too much to qualify for Medicaid but still have low income

• For people over 65, with certain disabilities or have end stage renal disease

• A rock concert to benefit medical assistance for low income countries

What is Medicaid Expansion?

• Expanding Medicaid coverage by raising the eligibility cutoff to 154% of the poverty level.

• The growth of funds in a Health Savings Account

• What happens to your stomach after eating at Hometown Buffet

• Expanding Medicaid coverage by raising the eligibility cutoff to 138% of the poverty level.

What is CHIP?

• Insurance coverage for children in families that make too much to qualify for Medicaid but still have low income.

• Insurance coverage for people who are 65 and older, have certain disabilities or have end stage renal disease.

• A TV show from the 80's about the California Highway Patrol.

• A crunchy and salty snack. Pairs well with DIP.

Amount you must pay each year to cover your medical expenses before your insurance plan starts paying.

• Premium

• Deductible

• Copay

• Coinsurance

Some insurances limit how much you’ll pay on your own

Annually - Per plan year

Lifetime - Total time you’re covered by that insurance.

What is the term for this?

• Deductible

• Premium

• Out-of-Pocket Maximum

• Copay