Course Progress:

Calculating Medical Insurance

Students will research and acquire necessary medical insurance to understand how insurance can help to achieve relative financial and medical safety in the real world.

Students will:

  1. Know where to research insurance.
  2. Know what items to look for when comparing insurance.
  3. Compare insurance plans and make a recommendation for which they would purchase based on specific criteria.

Math Skills Being Utilized

  • Critical Thinking
  • Numerical Comparison
  • Using simple probability when making decisions.

Ideas for Teaching

  • Set up medical insurance in the Financial Tracking Software and randomly give them illnesses they must pay for each Friday.
  • Show students actual insurance policies.
  • Have them bring policies of their own from home.
  • Discuss how choosing a lower paying job with better insurance compares to a higher paying job with poor insurance.

 

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