The health/wealth project was all about insuring a healthy population and trying to answer to the question, what is a fair price for health insurance? We started off by rolling a dice and based on the numbers we rolled, we would get different characteristics for our citizen. This citizen would be the person we were getting a fair health insurance price for. Most of our ninth grade class had no idea how difficult it would be to find an answer to this question. In order for us to get started we were given this quote to think about-
"Millions of people in the United States go without health insurance each year. The gaps in our health insurance system affect people of all ages, races and ethnicities, and income levels; however, those with the lowest incomes face the greatest risk of being uninsured. Being uninsured affects people’s access to needed medical care and their financial security. The access barriers facing uninsured people mean they are less likely to receive preventive care, are more likely to be hospitalized for conditions that could have been prevented, and are more likely to die in the hospital than those with insurance. The financial impact also can be severe. Uninsured families struggle financially to meet basic needs, and medical bills can quickly lead to medical debt."
During the course of this project we integrated patterns and probability in order for us to be able to better understand how to find the final price. We had to take into account all the different characteristics that would raise or lower the price, like race, possibility of geting a sickness, salary, and place of residence. The final outcome of this project was us realizing that defining one single fair price of health insurance for an entire country would be nearly impossible. Instead, it would be better and more fair for everyone to get a personalized, and individualized price which takes into account all outside factors.
"Millions of people in the United States go without health insurance each year. The gaps in our health insurance system affect people of all ages, races and ethnicities, and income levels; however, those with the lowest incomes face the greatest risk of being uninsured. Being uninsured affects people’s access to needed medical care and their financial security. The access barriers facing uninsured people mean they are less likely to receive preventive care, are more likely to be hospitalized for conditions that could have been prevented, and are more likely to die in the hospital than those with insurance. The financial impact also can be severe. Uninsured families struggle financially to meet basic needs, and medical bills can quickly lead to medical debt."
During the course of this project we integrated patterns and probability in order for us to be able to better understand how to find the final price. We had to take into account all the different characteristics that would raise or lower the price, like race, possibility of geting a sickness, salary, and place of residence. The final outcome of this project was us realizing that defining one single fair price of health insurance for an entire country would be nearly impossible. Instead, it would be better and more fair for everyone to get a personalized, and individualized price which takes into account all outside factors.