Personal Finance #8-Insurance-Medical & Disability
Learn personal finance strategies for medical and disability insurance from a Certified Public Accountant (CPA)What you'll learn
- Define health insurance
- Define and describe group health insurance
- Describe the Affordable Care Act (ACA) as it relates to health care
- Define and discuss private heath insurance
- Define and describe Preferred Provider Organization (PPO)
- Explain what a Point-of Service (POS) plan is
- Define what a High-Deductible Health Plan is and when it may be useful
- Define and explain what coinsurance, copays, and deductibles
- Describe preexisting conditions and how they relate to health insurance
- Explain the Consolidated Omnibus Budget Reconciliation Act (COBRA)
- Describe dental and vision insurance
- Define Long-Term Care (LTC) insurance
- Describe Medicare and Medicate government programs
- Explain Flexible Spending Account (FSA) and Health Savings Account (HSA)
- Describe disability income insurance