Basics of health insurance in America are covered including major types of insurance for Americans and cost sharing (copay, deductibles, coinsurance)practices. Students will calculate out-of-pocket payments given a common scenario. The history of health insurance is summarized. Videos are embedded in this prepared power point.

Article describes the concept of insurance, the benefits it provides and insurance terminology

In this 85-minute lesson, students will be able to:
-Explain the fundamental ways that insurance companies provide coverage but also make money as a business
-Recognize the relationship between insurance premiums, deductibles, and coverage limits
-Determine the role of states in providing, regulating, and enforcing insurance requirements
-Acknowledge the costs of insurance fraud