THE VA
What group of people was the VA made for?
Veterans
Medicare is for who?
Old people (65+)
VA
What is insurance?
Insurance is a contract between an individual or business (the policyholder) and an insurance company, where the latter agrees to provide financial protection or reimbursement against losses or damages resulting from specified events or circumstances. In exchange for a premium, the policyholder receives coverage for potential risks, such as accidents, illnesses, natural disasters, or other unforeseen events.
But
When was the VA established?
1988
Medicaid is for who?
Poor people (low income mostly)
VHA
Veteran Health Administration
What is a premium?
Impact Calculus is...
Weighing the impacts of your opponent's plan against your own.
The VA had a budget of what in 2022
300 Billion
Why would someone need a supplemental plan?
When Medicare or Medicaid won't cover it
CHIP
Children's Health Insurance Program
What does in-network and out-of-network mean?
A hospital or doctor that is not covered by your insurance.
Kritik
What are the three main healthcare areas that M/M doesn’t cover?
Dental, Vision, Hearing
ACA
Affordable Care Act
What is a copay?
A copay is a fixed dollar amount that a patient pays out-of-pocket for a covered healthcare service or prescription medication as part of their health insurance coverage.
Your job in CX is to maintain what?
Your status
Name two ways the VA determines how much care you get? (what puts you into the 8 priority groups)
Military service history
Disability rating
Income level
Eligibility for Medicaid
Other benefits received
What year did M/M take off in the US? (Within 5 years)
1965
LOL
Laugh out loud
What is a deductible?
A set out-of-pocket cost that resets each calendar year that you're required to pay yourself before your insurance kicks in.
Which came first, the chicken or the egg?
The chicken.