During this assignment you will be comparing three different health insurance plans based on costs, access, and other factors. You must choose one PPO and one HMO as well as a third option. The choice of health insurance options is up to you but feel free to use the following documents or to choose your own plans.This assignment will be using an excel spreadsheet to compare costs. After finding the insurance plans, or using the ones provided, you will choose one of the following that most closely describes your situation and then calculate the yearly cost.
Within these files you will notice two things. First, the three labels for insurance plans are for the above policy, if you have chosen different policies these labels may change. Second, the costs without insurance are estimates of what this would cost and would only be needed for the final part of the assignment. Finally, this file you will use each policy to determine each cost then add all costs to determine the total yearly cost. (Note that Employee Percentage, in dollars, would be used for the annual cost to you in the first line of the excel file and all other costs should be in dollars)Once you have completed the excel comparison upload the file here along with a minimum of one paragraph describing which plan would be the best option. Remember that cost is not the only thing that matters with health insurance and your decision should reference the advantages and disadvantages from the textbook.
