Cheapest HMO and PPO Health Insurance Plans
If you're looking for affordable health insurance coverage, you need to explore the possibilities of HMO and PPO health insurance plans.
Here's an overview of these plans and how they can meet your needs: What is an HMO? As a member of a Health Maintenance Organization, or HMO, you will typically pay: * An annual deductible * A co-payment for doctor visits (usually $5 to $15) * A small percentage of your medical fees With an HMO, you benefit from lower premiums in exchange for accepting some policy restrictions.
For example, you must select your health care provider from a pre-approved list called a network.
In fact, you may receive no benefits at all if you go outside this network.
In addition, you may need a referral from your primary doctor before you can see a specialist, and you may need to request approval from the HMO for specialty care.
What is a PPO? Preferred Provider Organizations, or PPOs, are similar to HMOs but are less restrictive.
You still pay an annual deductible, a co-payment, and a small percentage of your medical fees.
In addition, you will also have a pre-approved list of health care providers to choose from, and your medical costs will be lower if you choose someone from this list.
However, you can choose to go outside the network without losing your coverage, although you will pay a higher percentage of the expenses.
Both HMOs and PPOs offer numerous types of benefits, including medical, dental, and vision coverage, and are the cheapest of the comprehensive health care plans.
Finding Affordable Plans The best way to find an affordable plan is to go to an insurance comparison website.
Once there, you'll fill out a simple online form with information about yourself and your health insurance needs.
You then receive quotes from multiple A-rated insurance companies that can provide the coverage you need.
The best websites even let you talk online with insurance professionals so you can get unbiased answers to any question you may have.
Using an insurance comparison website is quick, it's easy, and it's free.
Here's an overview of these plans and how they can meet your needs: What is an HMO? As a member of a Health Maintenance Organization, or HMO, you will typically pay: * An annual deductible * A co-payment for doctor visits (usually $5 to $15) * A small percentage of your medical fees With an HMO, you benefit from lower premiums in exchange for accepting some policy restrictions.
For example, you must select your health care provider from a pre-approved list called a network.
In fact, you may receive no benefits at all if you go outside this network.
In addition, you may need a referral from your primary doctor before you can see a specialist, and you may need to request approval from the HMO for specialty care.
What is a PPO? Preferred Provider Organizations, or PPOs, are similar to HMOs but are less restrictive.
You still pay an annual deductible, a co-payment, and a small percentage of your medical fees.
In addition, you will also have a pre-approved list of health care providers to choose from, and your medical costs will be lower if you choose someone from this list.
However, you can choose to go outside the network without losing your coverage, although you will pay a higher percentage of the expenses.
Both HMOs and PPOs offer numerous types of benefits, including medical, dental, and vision coverage, and are the cheapest of the comprehensive health care plans.
Finding Affordable Plans The best way to find an affordable plan is to go to an insurance comparison website.
Once there, you'll fill out a simple online form with information about yourself and your health insurance needs.
You then receive quotes from multiple A-rated insurance companies that can provide the coverage you need.
The best websites even let you talk online with insurance professionals so you can get unbiased answers to any question you may have.
Using an insurance comparison website is quick, it's easy, and it's free.
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