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Insurance Lesson Jake Wheeler 5 th period. Types of insurance Traditional insurance - you pay a certain amount of your medical expenses up front in the.

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Presentation on theme: "Insurance Lesson Jake Wheeler 5 th period. Types of insurance Traditional insurance - you pay a certain amount of your medical expenses up front in the."— Presentation transcript:

1 Insurance Lesson Jake Wheeler 5 th period

2 Types of insurance Traditional insurance - you pay a certain amount of your medical expenses up front in the form of a deductible and afterward the insurance company pays the majority of the bill. Free–for–Service - Under this type of health coverage, you have complete autonomy when it comes to choosing doctors, hospitals and other health care providers. Managed Care - All managed care plans involve an arrangement between the insurer and a selected network of health care providers, and they offer policyholders significant financial incentives to use the providers in that network.

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