Help your middle and high school students investigate the economics of the insurance industry by calculating costs for care and what it means to share risk. This NewsHour lesson plan gets creative in communicating the likeness of health care to the purchase of a warranty for a product. Purchasing a warranty is like placing a bet; the lesson teachers students to that, unlike warranties, the insurance industry spreads the risk associated with health coverage across many individuals. To check out all the features of this unit, check out the Warranty for You Teachers Guide.
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