Insurance-Health,+Disability,+Life

Using the information you found on the types of life insurance yesterday, create a comparison chart that easily identifies the differences of each. This will be graded as a test. // Share with Mrs. Grams before the end of class. //
 * __ Friday, March 1: __**

[|Types of Life Insurance]
 * __ Thursday, February 28: __**
 * Using the above website, explain the following types of life insurance: **
 * ** whole life insurance **
 * ** variable whole life insurance **
 * ** term life insurance **
 * ** universal life insurance **
 * ** universal term life insurance **
 * ** variable universal term life insurance **

// Share all responses with Mrs. Grams //
 * Use the calculator at the top of the website to see how much life insurance you should consider if you would be purchasing life insurance at this time. Which company would you choose to purchase from and why? **

If you have family or loved ones counting on your financial support, you probably want to give life insurance some serious thought. Just how much do you know about life insurance? Take this simple quiz to test your [|Life Insurance IQ] //Report your results to me in a Google Doc containing the information from below.//
 * __ Wednesday, February 27: __**

[|**Life Insurance**] [|**Motley Fool**] [|**FAQs**]
 * Use the following links to find answers to these questions:**

//1. Why do people buy life insurance?// //2. How much life insurance should a person have?// //3. Can a term life insurance policy be renewed? Why would a person want to renew a term policy?//


 * Define in your own words:**

//Share your Google Doc with jgrams@hlv.k12.ia.us//
 * beneficiary -- death benefit -- underwriting -- mortality -- policy rider**

// - Who needs disability insurance? // // -Some individuals say having disability insurance is more important than having life insurance. Wh do they say that? // // -Do you need to be employed to collect disability insurance? //
 * __ Tuesday, February 26: __**
 * [|Disability Insurance] **

Discussion over yesterday's assignment
 * __ Monday, February 25: __**

Do some research. . . //1. What is HIPAA and what is its intent?//
 * Assignment:** //Share work with Mrs. Grams//

[|Health Savings Accounts] //1. Explain how Health Savings Accounts Work.// //2. How can health savings accounts save money for families?// //3. Can health savings accounts benefit individuals? If so, how? If not, why not?// //4. [|What are the rules and requirements for HSA]?//

__ [|Consumer Guide] __ [|Visit the Healthcare Cost Estimator]
 * __ Monday, February 18:: __**
 * //Why do you need health insurance?//
 * //Which type of health insurance is right for you?//
 * //What happens if you have a pre-existing condition?//
 * //What happens if you have health insurnce through your employer and you leave the job?//

[|Health Insurance for college students]

//1. Major medical health insurancde is characterized by HIGH deductibles and LOW montly premiums. Why would an individual choose to have major medical health insurance?// //2. How do major medical insurance and critical illness insurance differ?// //3. Does critical illness insurance cover all critical health concerns?// //4. What risk is involved for the consumer in choosing critical illness insurance?// //[|COBRA INSURANCE]// //5. What is COBRA insurance?// //6. How does COBRA coverage benefit individuals and/or their families?// //7. Does everyone qualify for COBRA coverage?// //[|SHORT-TERM HEALTH INSURANCE]// //8. What is the length of most shert-term health insurance? What is the maximum time an individual can have short-term insurance?// //9. Who needs short-term insurance?// //10. Since this is short-term insurnace, are the premiums high?//
 * Assignment:** //Respond to the following questions using [|Insure.com] Use complete sentences; share your responses with Mrs. Grams//

//Read about the basic types of managed care plans: [|HMO, PPO, and POS]. Create a table on a new Word document. Consider what each plan offers its members in terms of **deductible/cost to member, choice of health provider,** and **out-of-pocket costs**.//
 * __ Tuesday, February 12: __**

Respond to the following questions using [|Introduction to Health Insurance] Respond to the following items using complete sentences. Use Google Docs for your responses. Share with Mrs. Grams

- //How does a group health insurance plan differ from the typical health insurance plan?//

//- Create a table showing the advantages and disadvantages of group coverage.// //- Who is covered by individual health insurance?// //- How does the insurance company evaluate how much of a risk you present in applying for coverage?// //- What are the benefits of individual coverage?//

//- What is Medicare?// //- What is Medicaid?//

[|Pre-Test] [|Glossary of Terms to Know]
 * __ Monday, February 11: __**

Respond to the following questions using [|Introduction to Health Insurance] Reading the first two sections, respond to the following items using complete sentences Use Google Docs for your responses. Share with Mrs. Grams

- //Identify the two broad categories of health insurance plans//. //- How does an indemnity plan work?// //- A managed care plan involves an arrangement between. . . (complete the sentence)//

//- Identify the three basic types of managed care plans//. //- Create a Venn diagram showing the similarities and differences between the three plans.// //Advantages and disadvantages can also be identified.//

//- In your opinion, which plan is better and why?//