Question

1) Provide an overview of the multiple methods to access health insurance today.

2) Provide a scenario of what options you would explore in the event that you became ineligible to access your current health insurance policy

Answer 1

Answering the first question as per Chegg Guidelines:

1. The different ways to access health insurance today are as follows:

• Health insurance cooperatives: A shared organization which works in a cooperative manner and works with the objective of covering everyone with health insurance. Every covered member is the owner of the health insurance cooperative.
• Credit unions: The role of credit union is not just limited to providing banking options to customers, but it also works with the objective to insure and cover all members using health insurance policies.
• Company sponsored insurance: This has become a trend that employers are coming up with group insurance benefits for the employees and their direct dependents. The company sponsored insurances are usually under the basket of benefits provided by the company.
• Associations for self-employed individuals as well as small-sized businesses: There are associations which specifically work to cover the self-employed individuals as well as small entrepreneurs.