Health Insurance is one of the most important needs in one's life, generally, it is available through groups and individuals.It is very essential to ensure your family's good health.By availing these insurances, there is a premium that you should pay every month, it can be you or your employer.The premiums will be paid by an employer if you are under a group insurance through a company.Before choosing a plan for your family, I hope that these tips could help.
Health Plans Basic Categories
1. Traditional Health Insurance or Fee-for-Service
It is said to be the most flexible type of health plan but certain restrictions do apply.You need to pay for a premium every month, also you need to fill some forms and send them to the insurer.There two kinds of traditional health insurance, they are called basic and major medical.Basic covers the cost of hospital rooms and some supplies such as medicines and major medical Medigap Texas covers the long-cost illnesses.
2. HMOs or Health Maintenance Organizations
The HMO provides care for you and your family, including emergency care, doctor's visits, surgery and x-rays in almost all HMOs you may be either assigned or you may also choose a doctor who will serve as your primary doctor who will monitor your health and will provide health care.
3. PPOs or Preferred Provider Organizations
PPOs are more flexible than HMOs, PPO is a combination of HMO and traditional health insurance.Most PPOs covers preventive care which covers visits to the doctor, baby care etc.PPOs requires you to choose your own doctor to monitor your health.
4. POSs or Point-of-Service Plans
They are most likely similar to PPOs, but they are introduced to a Primary Care Physician.There are also restrictions on the services like restrictions on mental services and prescription drugs.
5. EPOs or Exclusive Provider Organizations
An EPO is similar to an HMO except that it is regulated by the California Department of Insurance and generally pays physicians and other health care providers differently.