Learn personal finance strategies for medical and disability insurance from a Certified Public Accountant (CPA)

This course is the second of three courses covering this topic. In the ever-evolving landscape of personal finance, making informed decisions about your medical and disability insurance is of paramount importance. The course is designed to equip you with the knowledge and tools necessary to navigate the complex world of healthcare coverage.
Course Highlights
Health Insurance Fundamentals:
Gain a thorough understanding of health insurance, its importance, and how it differs from other types of insurance. Explore the intricacies and complexities of health insurance, including key terms and concepts.
Group Health Insurance:
Learn about group health insurance, its advantages, and how it is often provided by employers. Understand the role of group health insurance in the context of personal finance.
Affordable Care Act (ACA):
Examine the impact of the Affordable Care Act (ACA) on health insurance and its implications for individuals and families.
Types of Health Insurance Plans:
Explore various health insurance plan options, including private health insurance, health maintenance organizations (HMOs), preferred provider organizations (PPOs), and point-of-service (POS) plans. Understand the differences between these plans and when each might be most suitable.
High Deductible Health Plans (HDHPs):
Define high deductible health plans and consider situations in which they may be a viable choice. Learn how HDHPs can be part of a comprehensive health insurance strategy.
Health Insurance Components:
Break down critical components of health insurance, including coinsurance, copays, deductibles, preexisting conditions, and health insurance costs. Explore strategies for selecting the right coverage based on individual needs.
Health Care Purchasing Options:
Delve into options for purchasing healthcare coverage, including the selection of insurance companies. Understand the Consolidated Omnibus Budget Reconciliation Act (COBRA) and its role in healthcare transitions.
Dental and Vision Insurance:
Learn how dental and vision insurance complement your overall health insurance strategy. Explore the benefits and considerations of adding these types of coverage.
Long-Term Care (LTC):
Define long-term care (LTC) and its significance within a broader healthcare strategy. Consider the role of LTC in planning for the future.
Government Programs:
Discuss Medicare and Medicaid and their roles in the healthcare landscape as individuals age. Explore eligibility, benefits, and the integration of these government programs with personal health insurance.
Disability Insurance:
Understand the mechanics of disability insurance and how it functions as part of a personal risk mitigation strategy.
Practice Problems and Excel Workbooks:
Enhance your learning through practical problem-solving exercises. Access downloadable Excel workbooks, compatible with Google Sheets, featuring answer keys and step-by-step instructional videos.
By the end of this course, you will be equipped with the knowledge and skills necessary to make well-informed decisions regarding your medical and disability insurance. Join us on this journey to enhance your healthcare coverage, reduce financial risks, and secure your health and financial well-being.

CPA, CGMA, M.S. Tax, CPI
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his. Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA). Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software. In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible. Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks. Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business. Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster. Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts. The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video. Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like CPDformula.