Your Health Insurance Needs
Why Health Insurance is Needed
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)