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Planning Beginner: Paying for Health Care

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1.
Receiving healthcare from an _______ facility may mean higher costs in the form of co-pays or deductibles.
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Out-of-network. Obtaining healthcare from providers or hospitals out of your health insurance network may be more expensive.
2.
The size of subsidies under the Affordable Care Act depend upon _______.
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Your family's income and size. The amount of subsidy will depend on these two factors.
3.
With a bronze or silver health insurance plan, premiums are likely to be _______ those of a gold or platinum plan.
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Lower than. Bronze and silver plans have higher deductibles and out-of-pocket maximums than gold and platinum plans with lower premiums.
4.
What is one of the costs to society of millions of people not having health insurance?
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Hospitals going out of business. When patients don't have health insurance, hospitals have less revenue and may reach the point where they go out of business.
5.
Children up to age _______ may be covered by the federal Children's Health Insurance Program (CHIP).
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19. However, their eligibility is ultimately dependent on income and what state they live in.