Traditional health insurance, health maintenance organizations (HMOS), and high-deductible health care plans are all examples of plans that cover government health care program primarily designed to provide health care coverage for Medicare is a million people in the United States. Approximately the are enrolled in the program. Medicare is funded by Match the Medicare options on the left with the descriptions on the right. Read each description carefully, and select the letter of the description in the Answer column next to the correct Medicare option. These are not necessarily complete definitions, but there is only one possible answer for each option. Medicare Option Description Answer Combines Parts A and B into one plan; offered by private companies Part A A. Part B Covers outpatient care, doctor office visits; requires monthly premium payment Part D C. Covers hospitalization; no premium payment required Covers prescri ptions Advantage Plan D. Medicaid is a government health care program designed primarily to provide health care coverage for the United States. Eligibility for this program is based on Medicaid is funded by use your Medicaid coverage for You long-term care unless your financial position improved so that you no longer qualify for Medicaid. Long-term care includes, but is not limited, to providing medical and personal care (other than hospitalization) to people with medical conditions such as Where is long-term care generally provided? Check all that apply. A hospital The patient's home A nursing home Even if you are currently healthy, look around. You probably know people, perhaps even family members, who require assistance to live on a day-to-day basis. The older you are, the likely you'll need help. Keep in mind, though, if you are relatively young, you could need such care. Your need would likely be due to rather than If you experience a serious injury or illness, you will have medical expenses, some of which you will be responsible for paying. If you are employed, further financial strain could be due to a loss of income while you are out of work during recovery. If your disability extends for a lengthy time or is permanent, the financial effects could be devastating. Disability income insurance is designed to pay you while you are disabled. Sources of funding are as follows: Your employer's disability insurance plan Your private disability insurance plan Social Security disability benefits Short-term disability income insurance replaces a portion of lost income Long-term disability income insurance replaces a portion of lost income for a long period (five or more years). Employers who the premiums. offer long-term plans usually Social security disability income insurance is a government program. If you became disabled, it could replace a portion of your lost income. You would have to be disabled and your expected disability period would have to be for There are differences between Alex's and Jake's health care related circumstances. There are also similarities. Choose the best answer for each of them. Alex Jake Alex has traditional health insurance. Jake a subscriber to a health maintenance organization (HMO). Which part of a sound health plan does Jake's coverage Which part of a sound health plan does Alex's coverage address? address? O Rehabilitative and custodial care costs O Lost income replacement O Direct health care costs O Rehabilitative and custodial care costs O Lost income replacement O Direct health care costs Looking at these real-life examples will help you begin to think about customizing a health insurance plan that best suits your circumstances. Traditional health insurance, health maintenance organizations (HMOS), and high-deductible health care plans are all examples of plans that cover government health care program primarily designed to provide health care coverage for Medicare is a million people in the United States. Approximately the are enrolled in the program. Medicare is funded by Match the Medicare options on the left with the descriptions on the right. Read each description carefully, and select the letter of the description in the Answer column next to the correct Medicare option. These are not necessarily complete definitions, but there is only one possible answer for each option. Medicare Option Description Answer Combines Parts A and B into one plan; offered by private companies Part A A. Part B Covers outpatient care, doctor office visits; requires monthly premium payment Part D C. Covers hospitalization; no premium payment required Covers prescri ptions Advantage Plan D. Medicaid is a government health care program designed primarily to provide health care coverage for the United States. Eligibility for this program is based on Medicaid is funded by use your Medicaid coverage for You long-term care unless your financial position improved so that you no longer qualify for Medicaid. Long-term care includes, but is not limited, to providing medical and personal care (other than hospitalization) to people with medical conditions such as Where is long-term care generally provided? Check all that apply. A hospital The patient's home A nursing home Even if you are currently healthy, look around. You probably know people, perhaps even family members, who require assistance to live on a day-to-day basis. The older you are, the likely you'll need help. Keep in mind, though, if you are relatively young, you could need such care. Your need would likely be due to rather than If you experience a serious injury or illness, you will have medical expenses, some of which you will be responsible for paying. If you are employed, further financial strain could be due to a loss of income while you are out of work during recovery. If your disability extends for a lengthy time or is permanent, the financial effects could be devastating. Disability income insurance is designed to pay you while you are disabled. Sources of funding are as follows: Your employer's disability insurance plan Your private disability insurance plan Social Security disability benefits Short-term disability income insurance replaces a portion of lost income Long-term disability income insurance replaces a portion of lost income for a long period (five or more years). Employers who the premiums. offer long-term plans usually Social security disability income insurance is a government program. If you became disabled, it could replace a portion of your lost income. You would have to be disabled and your expected disability period would have to be for There are differences between Alex's and Jake's health care related circumstances. There are also similarities. Choose the best answer for each of them. Alex Jake Alex has traditional health insurance. Jake a subscriber to a health maintenance organization (HMO). Which part of a sound health plan does Jake's coverage Which part of a sound health plan does Alex's coverage address? address? O Rehabilitative and custodial care costs O Lost income replacement O Direct health care costs O Rehabilitative and custodial care costs O Lost income replacement O Direct health care costs Looking at these real-life examples will help you begin to think about customizing a health insurance plan that best suits your circumstances