Question

Through a review of health insurance options to include the Affordable Care Act, Medicare, Medicaid and private care insurance, describe in detail the best health insurance options for the following people:

1. Single mother (age 29) mother of three kids (Age 3, 9, 12). Income $29,000/year, no child support.

2. Family of 5 (Mom 39, Dad 42; Kid # 1 13, Kid # 2 10 and Kid # 3 8). Combined income 672,000/year

3. Single widower age 70, living alone, receives $1300.00/month Social Security and 800.00 retirement pension.

4. Teenage girl age 16 in foster care system for 2 years in need of corrective lenses, hearing aides and gallbladder removal surgery.

Answer 1

olution(s):

1. For single mother with three kids and fixed income per month Medicaid is the best because she is the only source of income as of now.

2.family of 5 with a combined income of 672000/- should go for Medicaid.

3. For a single widower living alone with retirement pension and social security Medicare would serve as the best policy.

4. Teenager with 16 yrs in foster care system has refractive errors and With the need of hearing aids and other health problems should take Medicare insurance.