Vocab examples
A reason someone would file for bankruptcy
Medical bills
“I want to raise my GPA before graduation”
what is one goal for a high school senior?
pro: worldwide access
con: cyber-bullying
What is one pro and one con of using the internet?
Cover Letter is more specific to a field while a resume can be more generic
Cover letter vs resume
Basically a medical equal protection act
What did ACA do
Assets are owned, liabilities are owed to other parties
What is the difference between assets and liabilities?
Plan and budget for your remaining life
What will you do on a daily basis when you retire?
Apprenticeships or internship
How to get a job without really having it?
Wells Fargo: %15.99
Well-known banks highest interest card
To promote equity in the health field
Why was this passed
Apprenticeship: A paid job where you shadow someone to learn
Internship: usually not paid but still professionally trained
What is the difference between an internship and an apprenticeship?
You can properly organize spending habits for the future
Why is managing your finances important?
What may increase a car insurance premium?
2008 recession, war also heavily affected it
Economy trends this century
19 years
Before the passing of the ACA, what age did individuals have to pay for their own health insurance and could no longer be on their parents’ plan?
Stocks: partial ownership through shares
Bonds: government investment
Mutual fund: collective investments
What is the difference between a stock, bond, and mutual Fund?
Funded by taxpayers
Who pays for Medicare
NAU is credited in engineering
Research a college, are they accredited for your goals?
Medicaid is for low income, Medicare is for senior citizens
Medicare vs medicaid
26 years
After the passing of the ACA, what age do individuals now have to pay for their own health insurance and can no longer be on their parents’ plan?
Total value of goods sold by a country in one year
What is the gross domestic product?
after company health insurance $46.6h
what would most people pay on top of their company’s Health insurance pays their share
It still applies, around 700 for an adult and 350 for a child OR 2.5 percent of the household income
. The passing of the ACA required ‘everyone’ (with exceptions, such as religious reasons, those in tribal communities or in incarceration) to pay for health insurance, or pay a fee. What happened to this fee? Is there still a fee, and if so, how much is it?