To make a Smart Choice .

To make a Smart Choice . . .

Analyze personal and family health care needs and wants

Compare health insurance plans to determine the best choice for you and your family

Apply the knowledge and information gained to make a SMART CHOICE

Important Words to Know

• Why do I need health insurance?

• Why is it important?

My SMART CHOICE

Why Health Insurance?

Provides peace of mind

Protects your family’s financial future

Health and wellness services and programs

Better health outcomes

My SMART CHOICE

• What do I need and want?

• What are my choices?What?

My Health Insurance Needs Worksheet

Sources of Health Insurance

Private InsuranceEmployment-basedHealth Insurance MarketplaceOther Private Insurers

Government InsuranceChild Health Insurance Program (CHIP)MedicaidMedicareTRICARE

My Health Insurance Plan Comparison Worksheet

My SMART CHOICE

• How much will it cost?• How much can I afford?How?

My Monthly Spending Plan

Affordable Care Act (ACA)

All Americans will have access to affordable health insurance options.Essential benefits required in all plansHealth Insurance Marketplace createdTax credits to help make health

insurance affordable

Affordable Care Act (ACA)

Improved insurance coverage and consumer rightsHelps you understand the coverage you

are getting.Curbs on canceling policiesRapid appeals on urgent medical

situations.

ACA Protections and Benefits

Expanded coverage for young adults

Free preventive care and annual checkups

No lifetime maximumsCoverage for those with

preexisting conditions beginning January 2014

Lingering Questions?

Lori ScharmerFamily Economic SpecialistNDSU Extension Servicelori.Scharmer@ndsu.edu

701-857-7682