“A hospital should also have a recovery room adjoining the cashier’s office” ~ author Francis O’Walsh

Choosing the right health care plan can have a huge impact on our physical and financial health.  That’s why it’s important to understand terms, fees and out-of-pocket expenses when choosing group medical insurance.

Today’s guests are Brenda Procter, associate professor of personal finance for University of Missouri Extension and Graham McCaulley, an MU Extension personal financial planning specialist. The term for today is copayment.

More information can be found at University of Missouri Extension’s Health Insurance Initiative, Cover Missouri and Health Literacy Missouri