- Budgeting
- Cash Management
- Consumer and Mortgage Loans
- Debt and Debt Reduction
- Time Value of Money 1: Present and Future Value
- Time Value of Money 2: Inflation, Real Returns, Annuities, and Amortized Loans
- Insurance 1: Basics
- Insurance 2: Life Insurance
- Insurance 3: Health, Long-term Care, and Disability Insurance
- Introduction
- Understand How Health Insurance Relates to Your Personal Financial Plan
- Explain Health Insurance Coverage and Health Insurance Plans
- Understand the Key Areas of Disability Insurance
- Understand the Key Areas of Long-term Care Insurance
- Understand How to Control Your Health Care Costs
- Know What to Look for When Buying Insurance
- Summary
- Assignments
- Insurance 4: Auto, Homeowners, and Liability Insurance
- The Home Decision
- The Auto Decision
- Family 1: Money and Marriage
- Family 2: Teaching Children Financial Responsibility
- Family 3: Financing Children’s Education and Missions
- Investments A: Key Lessons of Investing
- Investments B: Key Lessons of Investing
Case Study #1 Answers
The insured pays the deductible first ($500), then the insurance company and the insured split the remainder (80%/20%), up to the stop-loss limit of the insured ($5,000). The breakdown of payments for covered medical expenses are as follows:
| Total expenses | $10,500 |
Insurer pays | Steven pays |
| Deductible | $500 | $0 | $500 |
| Remaining | $10,000 | ||
| 80/20 split | $8,000 | $2,000 | |
| Total payments | $10,500 | $8,000 | $2,500 |
