Health Insurance Explained - Edpuzzle

Health Insurance

You will most often have to pay a premium to maintain the insurance but occasionally some jobs cover your health insurance 100% but most don’t.

Question: What are the three primary sources of health insurance (three correct answers)

Medicaid

Employer-Sponsored

Purchased from Health Insurance Marketplace

Health Insurance Continued

Most plans don’t often mean everything medical will be free

Copay: When you pay a certain set amount for each set of care you take

Coinsurance: You pay a certain percentage of the bill

Question: What’s the difference between a copay and coinsurance?

Copay is a fixed amount whilst the Coinsurance is a percentage

Health Insurance Pt.3

A deductible is an amount you must pay out of pocket until your insurance kicks in.