Annual Total Cost: Which plan should they choose? And Why? Now suppose you are choosing the insurance for yourself. Based on your own situation, what is your annual medical cost and which insurance are you going to choose based on your family, history, lifestyle, etc.? Why? Life Insurance what type of life insurances the Smiths get? None Term Life Insurance o cash-value whole Life Insurance Explain your reasoning with evidence from the course materials: Disability Insurance What type of disability insurance should the Smiths get? Disability Insurance Coverage for Max: Disability Insurance Coverage for Sarah: o Short Term a Short Term o Long Term o Long Ternm a None o None Explain your reasoning with evidence from the course materials: Firstcare Health Plans HMO $209.97 HEALTH PLANS Deductible Coinsurance Out of Pocket Maximum More Details Find a Proider $4,500 Premium: $209.97 Subsidy: $0.00 30% $6,350 Deductibles and Cost Sharing Deductible (Individual) Deductible (Family) Coinsurance Out of Pocket Maximum (Individual Out of Pocket Maximum (Family) In Network Out of Network So $0 s0 S0 S0 Out of Network $0 S0 $0 $300 copay S0 $4,500 $10,000 30% $6,350 $12,700 In Network Primary Care Visit Specialist Visit $70 Copay after deductible 30% Coinsurance after deductible $300 Copay after deductible $70 copay 30% coinsurance $70 copay In Patient Hospital Services Emergency Room Services Mental / Behavioral Health Imaging (CT/PET Scans, MRIs) Rehabilitative Speech Therapy Rehabilitative Oceupational & Physical Therapy Preventative Care So $0 $o $0 $o Out of Network $70 copay $O 30% coinsurance In Network $20 Copay after deductible $50 Copay after deductible $70 Copay after deductible 30% coinsurance after deductible Professional Services X-ray and Diagnostic Imaging Prescription Drugs Generic R Preferred Brand Rx Non Preferred Brand Rx Specialty Drugs Annual Total Cost: Which plan should they choose? And Why? Now suppose you are choosing the insurance for yourself. Based on your own situation, what is your annual medical cost and which insurance are you going to choose based on your family, history, lifestyle, etc.? Why? Life Insurance what type of life insurances the Smiths get? None Term Life Insurance o cash-value whole Life Insurance Explain your reasoning with evidence from the course materials: Disability Insurance What type of disability insurance should the Smiths get? Disability Insurance Coverage for Max: Disability Insurance Coverage for Sarah: o Short Term a Short Term o Long Term o Long Ternm a None o None Explain your reasoning with evidence from the course materials: Firstcare Health Plans HMO $209.97 HEALTH PLANS Deductible Coinsurance Out of Pocket Maximum More Details Find a Proider $4,500 Premium: $209.97 Subsidy: $0.00 30% $6,350 Deductibles and Cost Sharing Deductible (Individual) Deductible (Family) Coinsurance Out of Pocket Maximum (Individual Out of Pocket Maximum (Family) In Network Out of Network So $0 s0 S0 S0 Out of Network $0 S0 $0 $300 copay S0 $4,500 $10,000 30% $6,350 $12,700 In Network Primary Care Visit Specialist Visit $70 Copay after deductible 30% Coinsurance after deductible $300 Copay after deductible $70 copay 30% coinsurance $70 copay In Patient Hospital Services Emergency Room Services Mental / Behavioral Health Imaging (CT/PET Scans, MRIs) Rehabilitative Speech Therapy Rehabilitative Oceupational & Physical Therapy Preventative Care So $0 $o $0 $o Out of Network $70 copay $O 30% coinsurance In Network $20 Copay after deductible $50 Copay after deductible $70 Copay after deductible 30% coinsurance after deductible Professional Services X-ray and Diagnostic Imaging Prescription Drugs Generic R Preferred Brand Rx Non Preferred Brand Rx Specialty Drugs
