Business and Personal Finance Unit 4 Chapter 14 Â© 2007 ... - Quia

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Section 14.1 Health Insurance and Financial Planning Basic Health Insurance Coverage Basic health insurance coverage includes: • Hospital expense coverage • Surgical expense coverage • Physician expense coverage Business and Personal Finance Unit 4 Chapter 14 © 2007 Glencoe/McGraw-Hill 9
Section 14.1 Health Insurance and Financial Planning coinsurance the percentage of the medical expenses the policyholder must pay in addition to the deductible amount Major Medical Expense Insurance Major medical expense insurance pays the large costs involved in: • Long hospital stays • Multiple surgeries To keep premiums lower, most major medical plans require a deductible or include a coinsurance provision. Business and Personal Finance Unit 4 Chapter 14 © 2007 Glencoe/McGraw-Hill 10
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Newsclip: Higher Rates A health sav
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Business and Personal Finance Unit 4 Chapter 14 Â© 2007 ... - Quia

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