Something About HMO, PPO, and POS Insurance
There are many health insurance plans including HMO, PPO and POS.
How much do you know about these plans? Which one will you choose from? If you want to know more about these health plans, you can need to pay attention to following hints.
They may benefit you a lot when you choose a suitable health plan for yourself or your family.
HMO is short for Health Maintenance Organization.
HMO always provides the insured with low-cost health insurance coverage.
If you have applied for HMO insurance, you will only pay a low monthly premium.
HMO usually has no deductibles, and the co-payments for doctor visits are nominal.
The insured can only see their physicians within the HMO network, for HMO will not provide non-network health coverage.
What's more, if you want to visit a specialist, you need to get a referral from a primary care physician beforehand.
PPO is short for Preferred Provider Organization.
Comparing with HMO, the insured of PPO has a greater choice of healthcare costs and physicians.
It is possible to choose a physician beyond the network.
For instance, if your neighborhood physician is out-of-network, you can still choose him or her.
If you choose physicians within the network, you will not spend much money on doctor visits or other medical treatments; if you choose a non-network physician, you may pay much money for medications or doctor visits.
The disadvantage is that there is not limit of your out-of-pocket expenses.
POS plan is a combination of HMO and PPO, and you can have the greatest freedom to choose your desired physician and health care coverage.
If you choose a physician within the network, you can choose HMO plan; if you choose a physician out-of-network, you can choose a PPO plan.
However, you need to pay the highest monthly premium as well as the highest co-payments among three health plans.
And you always cannot estimate your out-of-pocket expenses.
As there are various health plans to choose from, you can choose your desired one according to your specific health condition and financial affordability.
Every health plan has advantages and disadvantages, and you can choose a plan that can maximally fulfill your requirements.
Health insurance is very important in our daily lives, so you should pay more attention to choose a suitable one for yourself or your family.
A high quality life certainly needs a good health plan.
Choose the right health plan now.
How much do you know about these plans? Which one will you choose from? If you want to know more about these health plans, you can need to pay attention to following hints.
They may benefit you a lot when you choose a suitable health plan for yourself or your family.
HMO is short for Health Maintenance Organization.
HMO always provides the insured with low-cost health insurance coverage.
If you have applied for HMO insurance, you will only pay a low monthly premium.
HMO usually has no deductibles, and the co-payments for doctor visits are nominal.
The insured can only see their physicians within the HMO network, for HMO will not provide non-network health coverage.
What's more, if you want to visit a specialist, you need to get a referral from a primary care physician beforehand.
PPO is short for Preferred Provider Organization.
Comparing with HMO, the insured of PPO has a greater choice of healthcare costs and physicians.
It is possible to choose a physician beyond the network.
For instance, if your neighborhood physician is out-of-network, you can still choose him or her.
If you choose physicians within the network, you will not spend much money on doctor visits or other medical treatments; if you choose a non-network physician, you may pay much money for medications or doctor visits.
The disadvantage is that there is not limit of your out-of-pocket expenses.
POS plan is a combination of HMO and PPO, and you can have the greatest freedom to choose your desired physician and health care coverage.
If you choose a physician within the network, you can choose HMO plan; if you choose a physician out-of-network, you can choose a PPO plan.
However, you need to pay the highest monthly premium as well as the highest co-payments among three health plans.
And you always cannot estimate your out-of-pocket expenses.
As there are various health plans to choose from, you can choose your desired one according to your specific health condition and financial affordability.
Every health plan has advantages and disadvantages, and you can choose a plan that can maximally fulfill your requirements.
Health insurance is very important in our daily lives, so you should pay more attention to choose a suitable one for yourself or your family.
A high quality life certainly needs a good health plan.
Choose the right health plan now.
Source...