BUSI 223 Week 6 Biblical Response 3 Example

Reviewed by Thomas Kerrigan, MBA, CPA · Liberty University · Updated

This BUSI 223 Week 6 sample Biblical Response applies Scripture to insurance, the topic of the module/week's reading on life, health and property coverage. Using HealthCare.gov's explanation of premiums, deductibles, copayments and out-of-pocket maximums, it shows how a health plan shares risk and why the out-of-pocket maximum matters most to a family facing a serious illness. It then asks whether buying insurance shows a lack of faith, answering from the duty to provide for one's household, the wisdom of preparing for trouble and the early church's practice of bearing one another's burdens. Liberty University BUSI 223 sets it at 30 points within the BS in Business Administration, during Module/Week 6, the heaviest reading stretch of the term.

CourseBUSI 223 Personal Finance (BUSI223)
Module/Week6
AssignmentBiblical Response 3
Paper typeBiblical response
Lengthabout 311 words, 1 double-spaced pages plus title page and references. Course guide: a written response that uses information from the assigned websites on the module/week's financial topic and completes the activity's requirements from a biblical perspective
FormatAPA 7 student paper
Points30
SchoolLiberty University Online
ProgramBS in Business Administration
Where it sitsModule/Week 6 in Liberty's published BUSI 223 course guide; current sections can differ
UpdatedOctober 2026

Free sample paper for BUSI 223 Week 6

1

Insurance and Faith: A Biblical Response to Protecting a Household Against Loss

 

[Student Name]

School of Business, Liberty University

BUSI 223: Personal Finance

Biblical Response 3

[Instructor Name]

[Date]

 

The assigned website and the activity's questions are a composite; the federal health insurance website, textbook and Scripture cited are real.

Why this part earns its pointsThe first section explains each term in plain language and tests it with an example.
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Insurance and Faith: A Biblical Response to Protecting a Household Against Loss

What the Website Explains

HealthCare.gov breaks a plan's costs into four pieces: the monthly premium that keeps coverage active, the deductible a member covers before the insurer contributes, the copays and coinsurance shared afterward, and an annual out-of-pocket ceiling beyond which the plan covers everything in network (HealthCare.gov, n.d.). For example, under a plan with a $2,000 deductible, 20 percent coinsurance and a $6,000 out-of-pocket maximum, a family facing a $50,000 hospital bill would pay $6,000, and the plan would pay the rest.

Why this part earns its pointsThe second section places the example inside the textbook's idea of pooled risk.
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How Insurance Works

Billingsley et al. (2017) describe insurance as a way of transferring risk: many people pay modest premiums into a pool so that the few who suffer large losses are covered. No ordinary household could absorb a $50,000 bill from savings, but thousands of households together can. Insurance turns a catastrophe that could ruin one family into a cost that many families share.

Why this part earns its pointsThe reflection states the objection fairly before answering it from several passages.
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A Biblical Perspective

Some Christians worry that buying insurance means trusting a company instead of God. That concern deserves respect, but Scripture points another way. Paul treats neglecting one's own family's needs as a denial of faith (English Standard Version Bible, 2001/2016, 1 Timothy 5:8). Providing for a family includes protecting it from losses it cannot absorb. Proverbs also praises foresight that takes shelter before a storm arrives (English Standard Version Bible, 2001/2016, Proverbs 27:12), and insurance is one form of shelter.

Insurance also resembles a principle the church has always practiced. Paul urges believers to bear one another's burdens (English Standard Version Bible, 2001/2016, Galatians 6:2). A risk pool is a structured way of doing that, and some Christians choose health care sharing ministries for exactly this reason. Faith does not mean refusing protection; it means recognizing that every protection, including insurance, ultimately rests in God's care.

Application

I plan to read my own plan's summary of benefits, note its deductible and out-of-pocket maximum, and keep enough in savings to cover the deductible.

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References

Billingsley, R., Gitman, L. J., & Joehnk, M. D. (2017). Personal financial planning (14th ed.). Cengage Learning.

English Standard Version Bible. (2016). Crossway. (Original work published 2001)

HealthCare.gov. (n.d.). Health insurance basics.

What the BUSI 223 Week 6 instructions ask

Module/Week 6 of BUSI 223 carries the heaviest reading of the course, the sections of Billingsley et al. on life insurance, health insurance and property and liability insurance, with a presentation and two websites. Response three, worth 30 points, sends students to a consumer insurance site and asks them to weigh what they learn there against Scripture. Exercise 6, the third Branching Problem and Quiz 6 come due in the same module/week, so the response works best when the student uses it to make sense of insurance terms that also appear in the exercises. Health insurance terms appear throughout the module/week's quiz as well.

How this BUSI 223 Week 6 example is built

The response is built in three labeled parts. The first explains the website's key health insurance terms in the student's own words and uses a simple example to show how they combine when a family has a large medical bill. The second ties that example to the textbook's account of insurance as a way of sharing risk that no household could bear alone. The third, the reflection, answers the question of faith directly, drawing on 1 Timothy, Proverbs and Galatians, and notes how Christian health care sharing ministries reflect the same principle. A one-sentence application closes the response, and every source is cited in APA format.

BUSI 223 Week 6 grading rubric: where the points go

Three things earn the points: explaining the site's insurance terms correctly, answering every part of the activity, and reflecting on Scripture in a way that actually addresses insurance. Instructors look for correct explanations of insurance terms, since confusion between a deductible and an out-of-pocket maximum is common, and for reflection that addresses the real question rather than reciting general verses. A response that treats faith and insurance as simply opposed, or that ignores one side of the question, earns less. Clear headings, a concrete example and correct APA citations for the website, textbook and Bible complete a strong response. An example worked through with real numbers is often the clearest evidence that the terms are understood.

BUSI 223 Week 6 help: mistakes that cost points

Start by making sure you can explain each term from the website in a sentence, and test your understanding with an example using real numbers. Connect the example to the textbook's explanation of why insurance exists. When you turn to the question of faith, state the objection fairly before answering it. Use passages that speak to provision, prudence and community, and explain each in context. Avoid claiming more than a verse says. Close with one realistic step you will take, such as reviewing your own coverage. Cite the website, the textbook and every passage in APA style. Short headings help the reader find each required part quickly. Be honest about any reservations Christians raise, then respond to them fairly.

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BUSI 223 Week 6 questions, answered

What is BUSI 223 Biblical Response 3?

The third reflection, worth 30 points in Module/Week 6, reads a federal health insurance website through the lens of Scripture and answers the activity's questions.

Where can I find a free BUSI 223 Week 6 sample paper?

This page has a complete BUSI 223 Week 6 Biblical Response on health insurance terms and whether insuring a household fits with faith.

What is an out-of-pocket maximum?

It is the yearly cap on a member's spending for covered care. Once deductible, copays and coinsurance add up to that figure, the insurer picks up the remainder until the year resets.

Is buying insurance a lack of faith?

Many Christians see insurance as prudent provision for their households, in line with 1 Timothy 5:8 and Proverbs 22:3, and as a way of sharing burdens across many people.

What else is due in BUSI 223 Module/Week 6?

Exercise 6, Branching Problem 3 and Quiz 6 are due the same module/week, with the sections of Billingsley et al. on life, health and property insurance.

Use it as a model, or ask for your own

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