Personal Finance #8: Insurance-Medical And Disability

Learn what is private health insurance and discover coverage options for medical and disability needs. Get started with expert insights today! Read more.

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Course Skill Level
Beginner
Time Estimate
18h 43m

Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI

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About This Course

Who this course is for:

  • Individuals looking to better understand their healthcare coverage and options
  • Financial planning students or new professionals
  • Individuals planning for long-term care or exploring disability insurance
  • Those navigating a career or insurance change and needing to understand COBRA

What you’ll learn:

  • The Essentials of Health Insurance
  • Gain a clear understanding of private health insurance, Health Maintenance Organizations, Preferred Provider Organizations (PPOs), and Point-of-Service (POS) plans
  • Apply your knowledge with real-world, Excel-based practice problems

Requirements:

  • A basic understanding of personal finance concepts
  • Access to Excel or Google Sheets for the guided exercises

Take Control of Your Health & Disability Insurance: Make Smarter, More Confident Financial Decisions

Understanding how to choose the right medical and disability insurance is essential to smart personal financial planning. This course is designed to simplify the complexities of health insurance and empower you with the tools to make informed, confident decisions about your coverage.

We start by explaining what health insurance is, how it compares to other types of insurance, and why it can be more complex. You’ll learn how to evaluate coverage options and navigate the healthcare system more effectively.

Course Content Includes:

  • Group health insurance and its benefits
  • The Affordable Care Act (ACA) and its impact on your options
  • How to evaluate different insurance companies
  • The Consolidated Omnibus Budget Reconciliation Act (COBRA)
  • Dental and vision insurance and their role in overall health maintenance
  • Long-term care (LTC) insurance and its importance for aging and extended health planning
  • Medicare and Medicaid and how they fit into long-term planning as you age
  • Understanding disability insurance and its role in your personal risk management strategy

You’ll work with downloadable Excel workbooks that include:

  • A guided tab with step-by-step practice problems that align with instructional videos
  • A second tab with complete answer keys to help you self-check and deepen your understanding

By the end of this course, you’ll have the knowledge and confidence to make smart financial decisions about medical and disability insurance, protecting both your health and your financial future.

Start Now and Explore My Courses To Build Your Financial & Accounting Skills Today!

Our Promise to You

By the end of this course, you will have learned about Personal Finance – Medical and Disability Insurance.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked. 

Get Started Today! 

Course Curriculum

Section 1 - Presentations - Medical And Disability Insurance
Health Insurance Overview 00:00:00
Group Health Insurance 00:00:00
Health Insurance Requirements 00:00:00
Affordable Care Act (ACA) 00:00:00
Private Health Insurance 00:00:00
Private Health Insurance Part 2 00:00:00
Health Maintenance Organization 00:00:00
Preferred Provider Organization (PPO) 00:00:00
Point-Of-Service (POS) Plan 00:00:00
How High-Deductible Health Plans Work 00:00:00
Coinsurance And Copays 00:00:00
Co-Pay And Deductible 00:00:00
Preexisting Condition 00:00:00
Health Insurance Cost 00:00:00
What Is Not Covered By Health Insurance 00:00:00
Insurance Companies 00:00:00
Consolidated Omnibus Budget Reconciliation Act (COBRA) 00:00:00
Dental Insurance Overview 00:00:00
Decision To Buy Dental Insurance 00:00:00
Dental Insurance Shopping 00:00:00
Dental Insurance And Obamacare 00:00:00
Dental Insurance And Crowns 00:00:00
Dental Insurance And Dentures 00:00:00
Dental Insurance And Teeth Whitening 00:00:00
Dental Insurance And Taxes 00:00:00
Dental Insurance And Flexible Spending Account (FSA) 00:00:00
Vision Care Insurance 00:00:00
Decision To Purchase Vision Insurance 00:00:00
Vision Insurance Companies 00:00:00
Eldercare Strategies 00:00:00
Long-Term Care (LTC) Insurance Overview 00:00:00
Alternatives To Long-Term Care (LTC) Insurance 00:00:00
Medicaid Vs. Long-Term Care Insurance 00:00:00
Medicaid And Nursing Homes 00:00:00
Asset Protection Trust For Seniors 00:00:00
Retirement Communities Overview 00:00:00
Retirement Community Costs 00:00:00
Skilled Nursing Facility 00:00:00
Flexible Spending Account (FSA) 00:00:00
Health Savings Account (HSA) 00:00:00
Health Reimbursement Arrangement (HRA) 00:00:00
Voluntary Employees' Beneficiary Association Plan (VEBA) 00:00:00
Archer MSA 00:00:00
Medicare Overview 00:00:00
Medicare Eligibility Age 00:00:00
Medicare Part A 00:00:00
Medicare Part B Premium 00:00:00
Medicare Star-Rating System 00:00:00
Medicare Part D Providers 00:00:00
Medigap Overview 00:00:00
Medigap – Who Is It For 00:00:00
Medicare Supplement Insurance Companies 00:00:00
Medicare Advantage 00:00:00
Medicare Advantage Vs. Medigap 00:00:00
Medicare Advantage Plans 00:00:00
Disability Income (DI) Insurance 00:00:00
Disability Insurance Companies 00:00:00
Workers' Compensation Overview 00:00:00
Workers' Compensation Insurance Companies 00:00:00
Social Security Disability Insurance (SSDI) 00:00:00
Section 2 - Practice Probs. - Medical And Disability Insurance
Insurance Payments For Medical Claims Calculation 00:00:00
Health Insurance Payment Comparison 00:00:00
Health Insurance Out Of Pocket Max Or Stop Loss Cap 00:00:00
Disability Insurance Payment Calculation 00:00:00
PPO Payout Calculation 00:00:00
Projected Health Care Costs 00:00:00
Section 3 - Excel Probs. - Medical And Disability Insurance
Insurance Payments For Medical Claims Calculation 00:00:00
Health Insurance Payment Comparison 00:00:00
Health Insurance Out Of Pocket Max Or Stop Loss Cap 00:00:00
Disability Insurance Payment Calculation 00:00:00
Projected Health Care Costs 00:00:00

About This Course

Who this course is for:

  • Individuals looking to better understand their healthcare coverage and options
  • Financial planning students or new professionals
  • Individuals planning for long-term care or exploring disability insurance
  • Those navigating a career or insurance change and needing to understand COBRA

What you’ll learn:

  • The Essentials of Health Insurance
  • Gain a clear understanding of private health insurance, Health Maintenance Organizations, Preferred Provider Organizations (PPOs), and Point-of-Service (POS) plans
  • Apply your knowledge with real-world, Excel-based practice problems

Requirements:

  • A basic understanding of personal finance concepts
  • Access to Excel or Google Sheets for the guided exercises

Take Control of Your Health & Disability Insurance: Make Smarter, More Confident Financial Decisions

Understanding how to choose the right medical and disability insurance is essential to smart personal financial planning. This course is designed to simplify the complexities of health insurance and empower you with the tools to make informed, confident decisions about your coverage.

We start by explaining what health insurance is, how it compares to other types of insurance, and why it can be more complex. You’ll learn how to evaluate coverage options and navigate the healthcare system more effectively.

Course Content Includes:

  • Group health insurance and its benefits
  • The Affordable Care Act (ACA) and its impact on your options
  • How to evaluate different insurance companies
  • The Consolidated Omnibus Budget Reconciliation Act (COBRA)
  • Dental and vision insurance and their role in overall health maintenance
  • Long-term care (LTC) insurance and its importance for aging and extended health planning
  • Medicare and Medicaid and how they fit into long-term planning as you age
  • Understanding disability insurance and its role in your personal risk management strategy

You’ll work with downloadable Excel workbooks that include:

  • A guided tab with step-by-step practice problems that align with instructional videos
  • A second tab with complete answer keys to help you self-check and deepen your understanding

By the end of this course, you’ll have the knowledge and confidence to make smart financial decisions about medical and disability insurance, protecting both your health and your financial future.

Start Now and Explore My Courses To Build Your Financial & Accounting Skills Today!

Our Promise to You

By the end of this course, you will have learned about Personal Finance – Medical and Disability Insurance.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked. 

Get Started Today! 

Course Curriculum

Section 1 - Presentations - Medical And Disability Insurance
Health Insurance Overview 00:00:00
Group Health Insurance 00:00:00
Health Insurance Requirements 00:00:00
Affordable Care Act (ACA) 00:00:00
Private Health Insurance 00:00:00
Private Health Insurance Part 2 00:00:00
Health Maintenance Organization 00:00:00
Preferred Provider Organization (PPO) 00:00:00
Point-Of-Service (POS) Plan 00:00:00
How High-Deductible Health Plans Work 00:00:00
Coinsurance And Copays 00:00:00
Co-Pay And Deductible 00:00:00
Preexisting Condition 00:00:00
Health Insurance Cost 00:00:00
What Is Not Covered By Health Insurance 00:00:00
Insurance Companies 00:00:00
Consolidated Omnibus Budget Reconciliation Act (COBRA) 00:00:00
Dental Insurance Overview 00:00:00
Decision To Buy Dental Insurance 00:00:00
Dental Insurance Shopping 00:00:00
Dental Insurance And Obamacare 00:00:00
Dental Insurance And Crowns 00:00:00
Dental Insurance And Dentures 00:00:00
Dental Insurance And Teeth Whitening 00:00:00
Dental Insurance And Taxes 00:00:00
Dental Insurance And Flexible Spending Account (FSA) 00:00:00
Vision Care Insurance 00:00:00
Decision To Purchase Vision Insurance 00:00:00
Vision Insurance Companies 00:00:00
Eldercare Strategies 00:00:00
Long-Term Care (LTC) Insurance Overview 00:00:00
Alternatives To Long-Term Care (LTC) Insurance 00:00:00
Medicaid Vs. Long-Term Care Insurance 00:00:00
Medicaid And Nursing Homes 00:00:00
Asset Protection Trust For Seniors 00:00:00
Retirement Communities Overview 00:00:00
Retirement Community Costs 00:00:00
Skilled Nursing Facility 00:00:00
Flexible Spending Account (FSA) 00:00:00
Health Savings Account (HSA) 00:00:00
Health Reimbursement Arrangement (HRA) 00:00:00
Voluntary Employees' Beneficiary Association Plan (VEBA) 00:00:00
Archer MSA 00:00:00
Medicare Overview 00:00:00
Medicare Eligibility Age 00:00:00
Medicare Part A 00:00:00
Medicare Part B Premium 00:00:00
Medicare Star-Rating System 00:00:00
Medicare Part D Providers 00:00:00
Medigap Overview 00:00:00
Medigap – Who Is It For 00:00:00
Medicare Supplement Insurance Companies 00:00:00
Medicare Advantage 00:00:00
Medicare Advantage Vs. Medigap 00:00:00
Medicare Advantage Plans 00:00:00
Disability Income (DI) Insurance 00:00:00
Disability Insurance Companies 00:00:00
Workers' Compensation Overview 00:00:00
Workers' Compensation Insurance Companies 00:00:00
Social Security Disability Insurance (SSDI) 00:00:00
Section 2 - Practice Probs. - Medical And Disability Insurance
Insurance Payments For Medical Claims Calculation 00:00:00
Health Insurance Payment Comparison 00:00:00
Health Insurance Out Of Pocket Max Or Stop Loss Cap 00:00:00
Disability Insurance Payment Calculation 00:00:00
PPO Payout Calculation 00:00:00
Projected Health Care Costs 00:00:00
Section 3 - Excel Probs. - Medical And Disability Insurance
Insurance Payments For Medical Claims Calculation 00:00:00
Health Insurance Payment Comparison 00:00:00
Health Insurance Out Of Pocket Max Or Stop Loss Cap 00:00:00
Disability Insurance Payment Calculation 00:00:00
Projected Health Care Costs 00:00:00

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