Health Insurance Plans

1
Health Insurance Plans

• Elaina Gillespie, Mery Muniz, Chelsea Gerritsen
  and Pily Jaimes

2
How much is health insurance?

• Health insurance has been rising by double digits
  for more than a decade.
• The average annual health insurance cost is
  4,824 for individuals and 13,375 for families

3
Why we need health insurance?

• To pay for the costs of health care because it
  would be too expensive with out it
• To protect against risks that can happen wherever
  you are

4
Who can you get health insurance from?

• American Family
• Blue Cross/Blue shield
• AARP
• Medicare/Medicaid

5
Affordable Care Act

• Effective March 23rd 2010
• Law that expands Medicaid eligibility
• Provides affordable health insurance for all
  Americans

6
Types of Health Insurance

• Major medical-responsible for paying the
  deductible
• HMO- Health Maintenance Organization- People who
  helps you manage long term health expenses
• PPO- Preferred Provider Organization- A type of
  health care insurance plane that is usually
  provided by large industries or companies for
  their employees
• POS- Point of Service- Combination of PPO and HMO

7
Reason to Support Health Care

• Ensure that Americans have can afford health care
• Create new marketplaces where consumers can buy
  health care
• Improve Medicare by helping elderly people with
  disabilities afford their prescriptions
• Help young people by making insurers allow
  dependents remain on their parents plan until
  they are 26
• Expand Medicaid to millions of low-income
  Americans
• Make insurance companies accountable for how
  health care dollars or spent
• Invest in preventive care

8
Insurance Terms

• Co-Payment- a specific amount of money you pay
  for a particular service
• Deductible- the amount you pay before the policy
  starts to pay
• Co-Insurance- a specific percent of expenses that
  you are covered