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2.6.5.A3
DamonGoestotheHospitalReflection
TotalPointsEarned
Name
11
TotalPointsPossible
Date
Percentage
Class
Directions:ReadDamonGoestotheHospital2.6.5.E2andanswerthefollowingquestions.
1. HowmuchinmonthlypremiumsdoesDamonsmotherpayperyearfortheirfamilyshealthinsurance?
Howmuchdoesheremployerpayperyearinpremiumsforthefamilyshealthinsurance?(2points)
2. Providetworeasonswhyemployerprovidedhealthinsuranceisavaluableformofinkindincomefor
Damonsfamily.(2points)
3. InthecaseofDamonsillness,didthepaymentreceivedfromtheinsurancecompanyfarexceedthe
premiumDamonsfamilypaidtotheinsurancecompany?Explain.(1point)
4. Withoutpayinginterestforalatebill,ifthe$5,543hastobepaidin12paymentsoverthenextyear,how
muchwilltheyneedtopayineachpayment?(1point)
5. WhatwouldhavehappenedtoDamonifthefamilydidnothavehealthinsuranceandhadnottakenhim
tothehospital,becausetheycouldntaffordthecare?(1point)
6. IfDamonhadnothadtheappendicitisattackandhadneverneededmedicalcare,wouldithavebeen
worththepremiumstohavemedicalinsurance?Whyorwhynot?(1point)
7. Whatdidthelargemedicalbillof$55,543cover?Whatarethreeexamplesofhealthcareexpensesafter
surgeryforappendicitis?(3points)
TakeChargeTodayAugust2013TypesofInsurance
FundedbyagrantfromTakeChargeAmerica,Inc.totheNortonSchoolofFamilyandConsumerSciencesTakeChargeAmericaInstituteatTheUniversityofArizona