Episode 21 of 60 · Financial Literacy: Cash Course
Understanding Health Insurance
Grades 6th+
Economics — Economics & Financial Literacy · Financial Literacy — Economics & Financial Literacy · Captions
About This Video
Nobody plans to get sick or injured, but we all will at some point, resulting in doctors’ visits, trips to the hospital, and treatments like surgery or medicine. Having health insurance could alleviate some of these medical costs. This episode of Cash Course helps middle and high school students understand what health insurance is and how it works.
Standards Met in Ohio
- EFL.9-12.24.cGrades 9th, 10th, 11th, 12thIdentify one or more reasons to use health insurance.
- EFL.9-12.24.lp.aGrades 9th, 10th, 11th, 12thIdentify different types of insurance that can be purchased (e.g., life insurance-can help families pay for their expenses after an insured family member dies, disability insurance-can help workers pay for their expenses if they have been hurt at work, health insurance can be purchased by a consumer to help pay for medical costs, such as doctor visits, medication, hospitalization, etc..
- EFL.9-12.24.lp.cGrades 9th, 10th, 11th, 12thIdentify medical costs that health insurance may help to pay for.