How does it work?

 Compare the basic principles of at least four different insurance plans.  Apply the concepts of insurance deductible, co-insurance, and co-pay.

 History of Health Care in the United States History of Health Care in the United States  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? ◦

 How does health insurance work? How does health insurance work?  In your group discuss: ◦ Is it fair for healthy people to pay the share the health care costs of unhealthy people? Defend your position.

 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

 Co-payment  Co-insurance  Maximum out of pocket  Lifetime maximum  Deductible  Insurance lingo Insurance lingo

 Health insurance plans Health insurance plans ◦ Health maintenance organization (HMO) ◦ Preferred provider organization (PPO)  Medicare Medicare ◦ Medigap  Medicaid (continues)