Part I: How Is the Cost of Medical Care Being Divided?

Every insurer offers a variety of plans that spread the cost of medical coverage differently between you and them. Plans in the insurance “Marketplace” are classified as Platinum, Gold, Silver, Bronze, or Catastrophic. Watch the first part of Health Insurance 101: Types of Plans through 2:05 to learn more about these categories. Then, answer the questions on your worksheet.

Part II: What Type of Plan Are You Purchasing?

Regardless of how costs are shared between you and the insurance company, you will be faced with choices about the type of plan you want. Depending on where you get your plan from, you may not have all these options available to you. Still, it’s valuable to know the types of options that exist. Watch the remainder of the video (starting from 2:05). Then, use the information from the video and from the article What Are the Differences Between HMO, PPO, EPO and POS Plans? to answer the question on your worksheet.

Part III: Which Plan Would You Want?

Answer the last question on your worksheet.

Learning Target:

• I can make an educated decision on the best type of health insurance for me.