Use Worksheet 9.1. Jessica Waverly, a recent college graduate, has decided to accept a job offer from a nonprofit organization. She’ll earn $34,000 a year but will receive no employee health benefits. Jessica estimates that her monthly living expenses will be about $2,000 a month, including rent, food, transportation, and clothing. She has no health problems and expects to remain in good health in the near future. Using the Internet or other resources, gather information about three health insurance policies that Jessica could purchase on her own. Include at least one HMO. Use Worksheet 9.1 to compare the policies’ features. Should Jessica buy health insurance? Why or why not? Assuming that she does decide to purchase health insurance, which of the three policies would you recommend, and why?

Worksheet 9.1

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Company 1 Company 2 Company 3 PLAN TYPE (HMO, PPO, etc.) COSTS Premium per month Annual deductible: Per person/Per family Co-payment percent after deductible Co-pay or % coinsurance per office visit Co-pay or % coinsurance for "wellness" care COVERED MEDICAL SERVICES WITHIN NETWORK Inpatient hospital services Outpatient surgery Physician visits (in the hospital) Office visits (provider) Skilled nursing care Medical tests and X-rays Prescription drugs Mental healthcare Drug and alcohol abuse treatment Home healthcare visits Rehabilitation facility care Physical therapy Speech therapy Hospice care Maternity care Chiropractic treatment Preventive care and checkups Well-baby care Dental care Other covered services OTHER PROVISIONS Out-of-network coverage Medical service limits, exclusions, or preexisting conditions Requirements for utilization review, preauthorization, or certification procedures