Navigating the World of Health and Disability Insurance

This course is the first in a series of courses under 8 hours each that provide a comprehensive delve into the intricate world of personal finance decisions pertaining to medical and disability insurance. Our mission is to empower you with the knowledge and tools to make informed choices that safeguard your financial well-being.
The journey begins with a deep dive into health insurance. We’ll not only demystify this essential form of coverage but also explain how it contrasts with other types of insurance, shedding light on the nuances that make health insurance a unique and often complex entity. You'll gain a clear understanding of group health insurance, its advantages, and how it can impact your life.
We’ll explore the Affordable Care Act (ACA) and how this legislation has transformed the landscape of health insurance. Moving forward, we'll navigate the realm of private health insurance, health maintenance organizations (HMOs), preferred provider organizations (PPOs), and point-of-service (POS) plans. High deductible health plans will be discussed in detail, helping you determine when they might be the right choice for you.
Demystifying the concepts of coinsurance, copays, deductibles, preexisting conditions, and health insurance costs will be a core part of our curriculum, ensuring that you grasp the essential building blocks of health insurance. We’ll explore diverse options for purchasing healthcare and dissect the offerings of various insurance companies. The Consolidated Omnibus Budget Reconciliation Act (COBRA) will be unraveled, revealing its relevance in certain situations.
Our exploration extends to dental and vision insurance, revealing their roles in an overall strategy for risk mitigation and health maintenance. You'll gain insights into long-term care (LTC) and how it can be integrated into your broader healthcare strategy. The course will cover Medicare and Medicaid, elucidating how these government programs intersect with health insurance as you age.
Understanding disability insurance is a crucial component of our course. We’ll equip you with the knowledge to incorporate disability insurance effectively into your personal risk mitigation strategy.
To reinforce your learning, we offer practice problems, including downloadable Excel workbooks that are compatible with Google Sheets. These workbooks include answer keys and instructional videos, ensuring that you can deconstruct problems and work through them step-by-step.
Join us on this journey to master the complexities of health and disability insurance, and gain the confidence to make well-informed financial decisions that will protect your future.

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.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.