Marianne has just graduated from college and as part of her orientation in her new job she must choose the type of health insurance plan she would like.She is new to the area and really wants to budget carefully as she would like to buy a new home as soon as she saves up enough money.She considers herself a healthy young person of 22.Which of the following pieces of advice is the most sensible for her to follow in choosing an insurance plan?

Question

Quizplus · Accepted Answer

Since Marianne is young, healthy and wants to budget carefully, the HMO plan would be the most sensible choice for her. It offers a full range of health care benefits at a reasonable price and while she cannot choose her doctor, there is a large list of local doctors to choose from. Additionally, HMO plans often have lower out-of-pocket costs than PPO plans. Workers' compensation only covers work-related injuries or illnesses and does not substitute for health insurance. Life insurance is important, but it is a completely different type of insurance that covers the death of the insured person, not medical expenses. The PPO plan may offer more flexibility in terms of choosing doctors, but it is more expensive and may not be necessary for Marianne's current health status.

Marianne Has Just Graduated from College and as Part of Her