Chapter 12 - Chapter 12: Health and Disability Insurance...

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Chapter 12: Health and Disability Insurance Explain the benefits of disability insurance Chapter Objectives Identify and compare the types of private health care plans Explain the use of government health care plans Describe long-term care insurance Health Insurance Health insurance: a type of insurance offered by private insurance companies or the government that covers health care expenses incurred by policyholders for necessary medical care Critical component of financial planning Health Insurance (cont'd) Cost of providing health care is rising About 1 in 5 workers is uninsured Your health insurance decision is not whether to obtain it, but which health plan to purchase and how much coverage to purchase Many options available Private Health Insurance Private health insurance: health insurance that can be purchased from private insurance companies to provide coverage for health care expenses
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This note was uploaded on 02/22/2012 for the course FINANCE 250 taught by Professor Maryevans during the Spring '12 term at Rutgers.

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Chapter 12 - Chapter 12: Health and Disability Insurance...

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