Your Health Insurance Needs

Sources of Health Insurance

In the United States,

48% of people in the US get their health insurance from their employers.

16% of people in the US have Medicaid (SS Administration)

15% of people in the US have Medicare (Federal Government/State)

13% of people in the US are uninsured

Why Health Insurance is Needed

No one plans to get sick or hurt, but most people need medical care at some point. Health insurance covers these costs and offers many other important benefits. Health insurance protects you from unexpected, high medical costs. You pay less for covered in-network health care, even before you meet your deductible.


Deductible- a specified amount of money that the insured must pay before an insurance company will pay a claim.

Medicare- a federal health insurance program, administered by the Social Security Administration, that provides health care for the aged.

Medicaid- A joint federal and state program that helps low-income individuals or families pay for the costs associated with long-term medical and custodial care, provided they qualify. Although largely funded by the federal government, Medicaid is run by the state where coverage may vary.


1. The brochure describes the three most common sources of insurance and their corresponding funding sources (12 points)

2. The brochure includes an example illustrating the need for insurance (8 points)

3. The brochure contains a “Commonly Used Insurance Terms” section defining terms specific to health insurance. (5 points)

By Thomas Opolski, 5th Hour