Health Insurance

Health Insurance

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Here's how Health Insurance aligns with curriculum standards in Connecticut. Use the filters to change the location, set of standards, and grade level.

Financial Literacy Standards

9.1: Earning Income

12.1: Compensation for a job or career can be in the form of wages, salaries, commissions, tips, or bonuses, and may also include contributions to employee benefits, such as health insurance, retirement savings plans, and education reimbursement programs.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Health Insurance
12.1.d: Examine the benefits of participating in employer sponsored retirement savings plans and healthcare savings plans.

9.5: Managing Risk

12.1: People vary with respect to their willingness to accept risk and in how much they are willing to pay for insurance that will allow them to minimize future financial loss.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Health Insurance
12.1.b: Analyze the conditions under which it is appropriate for young adults to have life, health, and disability insurance.

12.5: Health insurance provides coverage for medically necessary health care and may also cover some preventive care. It is sometimes offered as an employee benefit with the employer paying some or all of the premium cost.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Health Insurance
12.5.a: Discuss the advantages of obtaining health insurance coverage through an employer plan versus buying private insurance or being uninsured.
12.5.b: Compare the cost of health insurance to the potential financial consequences of not having health insurance.
12.5.c: Estimate the effect on different health insurance deductibles and coinsurance rates on out-of-pocket medical costs.