Health care costs are a growing part of the U.S. economy, affecting households, businesses, and government agencies. Inflation in health care costs pressures businesses offering insurance benefits. This course covers basic and major medical expenses, disability, long-term care, AD&D, workers’ compensation, Medicare, and Medigap. It discusses health insurance provision, utilization, regulation (COBRA, HIPAA, ACA), and the taxation of premiums and benefits. It also explains tax-advantaged medical expense payment methods like HSAs and HRAs.

• understand private medical insurance and traditional fee-for-service arrangements
• be able to characterize the managed care model as a means for delivering health care
• be familiar with disability policies and be able to distinguish between types of coverages
• understand the concept of long-term care and how partnership policies can reduce Medicaid's burden of paying LTC costs
• be able to describe accidental death and dismemberment insurance coverage
• understand Medicare and its role in providing health care benefits
• understand the scope of coverage of other government insurance programs such as Medicaid, Social Security, and workers' compensation