| A | B |
|---|
| Services provided by the Healthcare Industry | Diagnosis, Prevention, Treatment, Research |
| Primary Care Physician | Your regular Doctor |
| Outpatient Facility | Medical care is provided on an outpatient basis (doesn't require a hospital stay) |
| Inpatient Facility | Patients reside at when receiving comprehensive care |
| Copay | A fixed amount someone pays each time they have a doctor's visit |
| Deductible | The amount a person pays each year for healthcare services BEFORE the insurance company takes over costs |
| Premium | Monthly fee paid to the insurance company for health insurance |
| Medicaid | Government funded health insurance for people living in poverty |
| Medicare | Government funded health insurance for individulas over age 65 or age 65 and under with a disability |
| Affordable Care Act | Increase quality care; decrease number of people uninsured; insurance companies cannot deny coverage for preexisting conditions; can remain insured by parents until age 26; Patient Bill of Rights |
| Patient Bill of Rights | Right to: informed consent; privacy; a second opinion; continuity of care; refuse treatment; change doctors; all costs and fees up front |
| HMO | Must choose a PCP; referral from PCP to see a specialist; lower cost |
| PPO | Allows coberga for out of network providers; no PCP or referral; costs more $$ |
| Metal plans | Bronze, Silver, Gold Platinum (lowest to highest costs; higher the premium the greater the coverage) |
| Strategies to reduce healthcare costs | Regular check ups; use of generic drugs vs. name brand; comparing insurance costs |
| Consequences of not having health insurance | Lack of healthcare services and preventive care; debt; bankruptcy; poor health etc. |
