Health Insurance

When it comes to deciding on your health insurance package there are several key terms to be familiar with. For this discussion please distinguish between a deductible, a coinsurance provision, and a copayment. Also, please make a prediction about where you see health costs going in the future (up or down) and how you plan to budget accordingly.

Car Insurance

When it comes to car insurance there are a wide array of companies to choose from and also various packages to assemble when creating your protection. For this discussion, and based on your understanding from the lecture how are prices for car insurance determined.

Additionally, car insurance premiums will be reliant on your coverage selections. For example, your premium could go up if you choose to have a lower deductible. Would you choose to pay $2K/year for car insurance and to have a $1K deductible or would you choose to pay $1.8K/year for car insurance and to have a $500 deductible? Please explain your decision.