Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

However, it could take one fall or an insect bite to find you in financial trouble. That's a dramatic statement and one that thousands of

image text in transcribed

However, it could take one fall or an insect bite to find you in financial trouble. That's a dramatic statement and one that thousands of people have found is true. There are three ways that an illness or injury can affect your finances, including: Check all that apply. The lost income that results when your illness or injury renders you unable to work. The direct out-of-pocket costs of a doctor's visit, hospital stay, or surgery. The direct out-of-pocket costs related to your rehabilitation. The cost of your insurance premiums. of all personal bankruptcies are caused by health These financial consequences can be so severe that care-related debts. The good news is that recent legislative changes have created programs to protect your health and personal finances. While these programs eliminate your choice of whether to obtain health care coverage, they do allow you to choose the source of your coverage. Depending upon your age, you generally have three alternatives: you can stay on your parents' health care policy until you are years of age; you can purchase policy in the private health care marketplace; or you can obtain a policy from your employer. A plan that an employer offers is an example of plan. Historically, most employers for their employees' health care coverage. As the costs for health care and insurance to cover it have employers' payments for their employees' health care coverage have However, it could take one fall or an insect bite to find you in financial trouble. That's a dramatic statement and one that thousands of people have found is true. There are three ways that an illness or injury can affect your finances, including: Check all that apply. The lost income that results when your illness or injury renders you unable to work. The direct out-of-pocket costs of a doctor's visit, hospital stay, or surgery. The direct out-of-pocket costs related to your rehabilitation. The cost of your insurance premiums. of all personal bankruptcies are caused by health These financial consequences can be so severe that care-related debts. The good news is that recent legislative changes have created programs to protect your health and personal finances. While these programs eliminate your choice of whether to obtain health care coverage, they do allow you to choose the source of your coverage. Depending upon your age, you generally have three alternatives: you can stay on your parents' health care policy until you are years of age; you can purchase policy in the private health care marketplace; or you can obtain a policy from your employer. A plan that an employer offers is an example of plan. Historically, most employers for their employees' health care coverage. As the costs for health care and insurance to cover it have employers' payments for their employees' health care coverage have

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions