In the selection of an individual health insurance plan or a family health insurance plan, it is important to understand the difference between an HMO and a PPO.
HMO, Health Maintenance Organization Plans
An HMO is unlike traditional health coverage in that it sets out guidelines under which doctors can operate. On average, health care coverage through the use of an HMO costs less than comparable traditional health insurance; however, there are limitations on the range of treatments available.
PPO, Preferred Provider Organization Plans
With a PPO, one can see any doctor one wishes or visit any hospital one chooses, usually within a preferred network of providers. Depending upon the terms of coverage, a doctor or hospital outside the preferred provider list will cost more. However, some prefer the flexibility of the PPO to the limited coverage aspects of the HMO.
A full understanding of how these plans work is of great value in selecting which one is more appropriate to your needs and wants. It's important to understand their basic structure and how they work, and then be able to determine which one is more suitable to your needs and which is affordable.
Unfortunately, experience has shown that the information provided online is not sufficiently clear to provide an accurate understanding of the various insurance products. That's why it's wise to let an experienced agent help you identify the right plan at the price you can afford.
Click on this link to fill out a brief health insurance assessment form, so we can get started on matching you up with the right plan for you: