Criteria to use when choosing a health insurance plan

Choosing the type of health insurance coverage that is best for you involves:

Determining your needs

Deciding how much you can afford to pay

Determining what risks you can assume

Assessing your preference for a particular plan's approach to health care

As you complete the following scenario statements using the dropdown menus, consider the different issues for future use in determining your own

needs.

So Many Options, So Many Types of Plans

Paolo has a job. The first place he should look for health care coverage is

because the costs will

probably be the $,-$ for the generous terms and coverage.

Shen does not have a job. He is a member of the alumni association of his alma mater. Shen will probably find better coverage for a lower cost

through plans offered by

because

plans spread the costs and risks among more

people than

r$-$ plans do$.$

To begin their research, Paolo and Shen should look

in order to

Having a wide range of choices among the doctors, hospitals, and other health services he may want to use is very important to Paolo. All other

factors being equal, Paolo is willing to pay more for

plan.

Paolo and his spouse plan to start a family in the near future. They are concerned about maternity and pediatric care. Shen, on the other hand, has a

risky lifestyle. He is concerned about emergency treatment and physical rehabilitation. While they have

concerns, they should follow

steps to make sure the plans they consider adequately cover their individual requirements.

Paolo has narrowed down his choices to two managed care networks. He

$.$ check their accreditation. Significant changes in

membership numbers.

$\_-$ be investigated in order to assess the plans' reputations and stability. All other factors being equal, Paolo

will probably favor the network in which

of his current providers participate than in the other network.

Shen is young and healthy. Shen will probably take

risk when selecting his health insurance plan than his friend who, although the same age as

Shen, has a history of poor health.