Healthcare Insurance and Career Practice Review

Vocabulary-style flashcards covering health insurance financial terms, career path trade-offs, and resume building components based on the lecture notes.

Premium

The monthly amount you pay to have insurance coverage.

Deductible

The amount you must pay before insurance starts sharing the cost.

Copay

A fixed amount paid for a visit or service.

Coinsurance

The percentage of the bill you pay after meeting your deductible.

Out of Pocket Maximum

The most you have to pay in a year before insurance covers $100\%$.

Happy Inc. Monthly Premium

The fixed monthly cost for Diana's insurance, which is $180$, totaling $2,160$ per year.

Primary Care Copay

A specific fixed fee for standard doctor visits, set at $25$ in the Happy Inc. Insurance table.

Specialist Copay

The fixed amount paid to see a specialized doctor, which is $40$ according to the Happy Inc. Insurance details.

Urgent Care Copay

The fixed amount of $75$ required for urgent care visits under the Happy Inc. plan.

Emergency Room Copay

The fixed amount of $200$ paid for an emergency room visit.

Pros for pursuing college

Higher earning potential, more career opportunities, specialized education, and networking opportunities.

Cons for pursuing college

Expensive / student debt, takes several years, and not being required for every career.

Pros for pursuing work immediately

Earn money immediately, gain work experience, and avoid college debt.

Cons for pursuing work immediately

Lower earning potential in some careers, fewer advancement opportunities, and limited access to certain professions.

Resume Contact Portion

The section of a resume that must include full name, phone number, professional email, and city and state.

Resume Experience Section Tips

Guidelines for writing experiences including using action verbs, being specific, including measurable results/numbers, using active voice, and including relevant experience.

Soft skills

Interpersonal abilities such as communication, teamwork, leadership, and time management.

Hard skills

Teachable, measurable abilities such as Microsoft Excel, Google Docs, Coding (Java, Python, C++), Accounting, and Data analysis.