Personal Finance #8-Insurance-Medical & Disability

Learn personal finance strategies for medical and disability insurance from a Certified Public Accountant (CPA)

Created by: Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI

What Will I 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

Requirements

• None

Target audience

• Individuals
• Personal financial planners