Picking Auto Insurance Essay

The main function for health care financing is to pay for health insurance premium and reimburse health providers for services delivered. Still, there is a crucial challenge when creating health insurance plans, provide coverage for “health care needs without encouraging unnecessary spending.” (Maas) Over time, health care financing has been evolving, and now consumers can acquire health insurance through government programs like Medicare, which it is for the elderly, for certain individuals with disabilities and end-stage renal disease. Therefore, any person who meets the requirements can enroll to this program. Also, there is Medicaid, which it is the program for the poor, and Children’s Health Insurance Program best known as CHIP, which insure kids who come from low-income families. Nonetheless, there are several types of private insurance like self-insured plans, individual private health insurance, Medigap, and group insurance program, which it is “… a substantial number of people in the group will purchase insurance through its sponsor.” (Shi, 2019, p. 224) Further, thanks to the diversity and wide range of health insurance

During high school, I always wanted to buy my own car. I began to research how to go about purchasing a car as a teen. I noticed that it's difficult for teens to get car insurance on their own. I began to wonder why it's so expensive for teens. Car insurance is now my biggest problem with buying a car.

There is also a type of coverage referred to ask medical payments coverage. If an accident occurs, this coverage will help repay the driver or passengers for medical expenses caused by the accident. This is generally a quick process that helps get your medical payments taken care of in a timely fashion (Heath 2.) One final type is the uninsured motorist coverage. This provides the customer with protection from accidents with someone who has not purchased car insurance. This type would also cover hit and run accident that may occur. "Also, uninsured motorist insurance coverage comes into play when an at-fault driver doesn't have enough liability coverage to pay for the damages from the accident." (Abramowitz 2.)

According to Kaiser Health News “Often, consumers discover they’re underinsured the hard way – when they break a leg or have a serious illness, such as cancer, and their medical bills exceed their benefits enough that it is difficult for them to pay.” (“The ‘Underinsurance’ Problem Explained”).People who are underinsured have a hard time paying for their medical needs and appointments. When a person cant get a treatment for their medical condition it an affect their health greatly. People who are under or uninsured cannot pay for regular screening for cancer a lot of times because their insurance doesn't cover for it or they do not have any insurance. According to the Henry J. Kaiser Family Foundation “Nearly a quarter of uninsured adults say they did not take a prescribed drug the past year because they could not afford it” (“ HOW DOES LACK OF INSURANCE AFFECT ACCESS TO HEALTH CARE?”).No one that lives in America should have to skip there doctors appointment because of there lack of

Even though some people believe universities will lose money if they insure all athletes with medical insurance. I believe the NCAA should give health insurance to athletes because families can only pay a certain amount of the bill, the athletes that go to the school bring in millions of dollars, and the NCAA covers bills up to $90,000 but don't exceed it. Colleges should be responsible for the athletes that commit to playing a sport in college with the possibility of getting an injury and not being able to fully recover and get back to a normal lifestyle.

Children’s Health Insurance Program (CHIP) varies from state to state. [CHIP is a collaboration between federal and state governments. The programs are run by the individual states according to requirements set-up by the federal Centers for Medicare and Medicaid Services. States may organize CHIP programs as an independent program separate from Medicaid, such as separate child health programs, use CHIP funds to expand their Medicaid programs like SCHIP Medicaid expansion programs, or can combine these] put in quotes with the source advancements into a CHIP combination program (NAHSP,2017). States receive federal funds for CHIP programs at a rate above the typical Medicaid match. States with separate child health programs follow the

important factor when wanting to be insured. Throughout the semester, I have learned that many

There are various reasons as to why an individual may not have insurance. A compilation of the popular characteristics of those who do not have insurance includes living in poverty, being of a minority group or a specific race, and one’s age. According to the article, “Who’s Insured?”, poverty is a prime component to why some do not have insurance. The article stated that “62% of uninsured children come from families making below 200% of the federal poverty level” (Who’s). When discussing families who are uninsured 17.4% of families had the head of household unemployed, 32.5% were made up of families with wages below $20,000, and more than 35% of uninsured families made less than $10,000 (Who’s). Furthermore, a lack of insurance can be a consequence of poverty, effecting whether or not a family can afford insurance, or if the family has access to employer sponsored insurance.

Automobile companies are often wary of insuring individuals that do not follow the rules of the road. This is because they are more likely to pay a lot of expenses to cover the costs of accidents or other violations. Because there is such a risk involved, these companies may charge individuals a higher

My topic for this journal is forced managed care also known as Obama Care. I do understand the intention of Obama care which is to provide insurance to all people. I have not researched this topic for this assignment I am going on conversations that have heard from average people like myself and the media. I believe that people should not be penalized by the government for not having insurance; in my opinion this is a personal and private decision that is no concern of the government. If I make the choice not to have health insurance because of the extremely high premiums for my family and I, I take the responsibility of having to pay for medical needs out of pocket. I appreciate the government concern but I feel as though

Growing up I never knew about health insurance because my parents always took care of it. I never thought about health insurance being so important because as a child, school is the most important thing and should be focused on at all times. We teens are still in high school when we turn 18, and then adulthood comes flooding in: taxes, health insurance, SNAP, loans and so many other things that we must do once adulthood hits us. Though, the real question is: are we ready? Do we know what to do? How to do it? The school system focuses on Math, Reading, English, Science, and History, but why do they not prepare us for what we have to do in the future? Young adults have to worry about going to college and on top of that, everything we must do

If you live in the U.S., there's a 48 in 50 chance that your state requires you to have car insurance (New Hampshire and Wisconsin are the lone hold outs, for those wondering). Of course, knowing that you need car insurance is only the first step. Navigating providers, comparing cheap car insurance quotes, and choosing specific coverage comes next.

There are many ways to save money on your car insurance policy. Some of them are obvious like paying for the entire policy rather than making payments or increasing you deductible on your collision coverage. However, the following are three often overlooked ways to pay less.

"Coming to a crossroads" by definition implies that you have a decision to make: Which path will you choose? So at the Crossroads of America – Indiana's state nickname – you have plenty of options to choose from, especially in the way of auto insurance. Whether you go by price, discounts, coverage, or some combination of the three, you want a policy that will be there when you need it and doesn't lead you to a dead end.

Accident frequency and severity affects make up the portion of customers’ premium that covers losses. Until recently, when determining liability premiums, vehicle make and model were not consideration. In the year 2000, there are over two auto insurers planned to raise liability rates on large size vehicles like SUVs, pickups and vans. This is based on vehicle safety and claims experience. A larger vehicle can cause injury and property damage; especially in the weight of car a ton or more could change the crash.