Insurance plans

Full Answer Section

Here's a breakdown of the steps:

Part One: Selecting a Zip Code

1. Choose a State: Pick one of the states listed that has a federally-facilitated exchange.

2. Find a Zip Code: Use an online zip code finder (like https://www.zip-code.com/) to locate a zip code in your chosen state.

Part Two: Selecting Insurance Plans

1. Go to healthcare.gov: Navigate to the website: https://www.healthcare.gov/see-plans/#/.

2. Enter Your Zip Code: Input the zip code you chose in Part One.

3. Skip to Full-Price Plans: Click "Skip" through any pop-up prompts until you see the option "Go to Full-Price Plans."

4. Select Four Plans:

   • Bronze: Select one bronze-level plan.

   • Silver: Select one silver-level plan.

   • Gold: Select one gold-level plan.

   • Platinum (or Substitute): Select a platinum plan if available. If not, choose a different metal level (like a high silver or low gold) to complete the four plan selection.

Part Three: Completing the Template

1. Download the Template: Download the "Health Insurance Exchange Assignment Template" from the provided link.

2. Enter Zip Code: At the top of the template, enter the zip code you used for the search.

3. Fill Out the Template: Carefully input the information for each of your four plans, including:

   • Metal Level: Bronze, Silver, Gold, or Platinum (or substitute).

   • Plan Name: The specific name of the insurance plan (e.g., Blue Cross Blue Shield PPO).

   • Monthly Premium: The cost of the plan per month.

   • Deductible: The amount you have to pay before the plan starts covering costs.

   • Co-pay: The fixed amount you pay for doctor visits, prescriptions, etc.

   • Co-insurance: The percentage of costs you pay after your deductible is met.

   • Out-of-Pocket Maximum: The maximum amount you'll pay out-of-pocket in a year, after which the plan covers 100%.

   • Network: The types of healthcare providers and hospitals covered by the plan (e.g., HMO, PPO, POS).

Remember:

• Be sure to save your completed template and label it appropriately with your zip code.

• This exercise will help you understand the differences between insurance plan options, premiums, benefits, and costs.

Sample Answer