Presentation2 - 7/7/11 Click to edit Master subtitle style...

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Unformatted text preview: 7/7/11 Click to edit Master subtitle style Presentation for Health Care BY: Nathan Elam Wilkerson III 7/7/11 How Health Care got started. The first insurance plans began during the Civil War in or around (1861-1865). The earliest ones only offered coverage against accidents related from travel by rail or steamboat. The plans did, however, pave the way more comprehensive plans covering all illnesses and injuries. The first company giving comprehensive benefits was offered by Massachusetts Health Insurance of Boston in 1847. 7/7/11 Purpose Of Insurance Health insurance protects you from the high cost of medical care by providing coverage for specific health care services. Although you generally pay a monthly premium and either co-payments or co-insurance, the cost for insurance is far less than medical care would be if paid fully out of pocket. 7/7/11 Three basic types of insurance....
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This note was uploaded on 07/06/2011 for the course ECON 105 taught by Professor Tomlin during the Spring '11 term at University of Phoenix.

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Presentation2 - 7/7/11 Click to edit Master subtitle style...

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