Health Insurance Plans Elaina Gillespie, Mery Muniz, Chelsea Gerritsen and Pily Jaimes

How much is health insurance? Health insurance has been rising by double digits for more than a decade. The average annual health insurance cost is $4,824 for individuals and $13,375 for families

Why we need health insurance? To pay for the costs of health care because it would be too expensive with out it To protect against risks that can happen wherever you are

Who can you get health insurance from? American Family Blue Cross/Blue shield AARP Medicare/Medicaid

Affordable Care Act Effective March 23 rd 2010 Law that expands Medicaid eligibility Provides affordable health insurance for all Americans

Types of Health Insurance Major medical-responsible for paying the deductible HMO- Health Maintenance Organization- People who helps you manage long term health expenses PPO- Preferred Provider Organization- A type of health care insurance plane that is usually provided by large industries or companies for their employees POS- Point of Service- Combination of PPO and HMO

Reason to Support Health Care Ensure that Americans have can afford health care Create new marketplaces where consumers can buy health care Improve Medicare by helping elderly people with disabilities afford their prescriptions Help young people by making insurers allow dependents remain on their parents plan until they are 26 Expand Medicaid to millions of low-income Americans Make insurance companies accountable for how health care dollars or spent Invest in preventive care

Insurance Terms Co-Payment- a specific amount of money you pay for a particular service Deductible- the amount you pay before the policy starts to pay Co-Insurance- a specific percent of expenses that you are covered