Connect * Empower * Impact


2019 AFCPE® Research and Training Symposium


AFCPE Pre-Symposium: Sunday, November 17 - Tuesday, November 19
AFCPE Symposium: Tuesday, November 19 - Thursday, November 21
Schedule Subject to Change

Thursday, November 15th, 2018
Category: Health Insurance
Taking the Confusion out of Understanding and Estimating Health Care Costs
Consumers are confused about health insurance. According to Consumers Union, consumers struggle with health insurance decisions due to low health insurance literacy and complexity of products. As health care costs continue to rise, it is important for consumers to better understand and estimate the costs and integrate them into their financial plans. Since 2010, University of Maryland Extension, and University of Delaware Cooperative Extension brought leadership to and developed the Health Insurance Literacy Initiative (HILI) Team. This team has sought to reduce confusion, increase capability, and increase confidence of consumers to empower them to make smart choice and use decisions about health insurance. Understanding and Estimating Costs is a 1.5-hour module developed by the HILI Team as part of the Smart Choice / Smart Use Health Insurance? curriculum. It was researched, developed, and then pilot tested. Evaluations indicate that participants increase confidence in understanding cost terms and estimating total health care costs. Additionally, participants are more likely to determine how much is needed to cover health care expenses. Participants in this session will learn about and participate in the key components of the Smart Use Health Insurance.
Understanding and Estimating Health Insurance Costs module. Specifically, they will:

1) Understand the types of health care costs
2) Explore ways to identify where you can find health care cost information
3) Analyze how to estimate and plan for these costs using a case study method
4) Review evaluation strategies and outcomes
Questions or Implications for Researchers:
Three research ideas would include:
1) See if there is a statistically significant difference in knowledge, confidence and skills reported by participants who used the case study (1.5-hour session) vs. those who just review the case study (1-hour session);
2) With a larger pool of participants, determine if the module has similar statistically significant outcomes across diverse audiences.
3) Conduct 3-month follow evaluation to determine if module content impacted participant behavior.