The Big Health Insurance Plans to Know

by Natalie Stefan

When it comes to health insurance, there’s a lot of confusion surrounding the available types. What makes one different from the other? Which one do you need? Continue reading on to find out what you need to know about each type.

  • Health Maintenance Organization plans (HMO): these are one of the more popular ones. An entire network of providers agrees to offer you its services. The caveat is that you need to have a primary care provider (PCP) who coordinates all of your health care services and any visits to a specialist. If you go out of network, you will incur a fee for that. This plan is good for people who like to see their PCP on a regular basis.

  • Preferred Provider Organization plans (PPO): in this plan, you and your family can see any health care provider in a network, even a specialist, without a referral. This plan is good when people like to see specialists regularly.

  • Exclusive Provider Organization plans (EPO): with this plan, you have access to all of the health care providers within the EPO network, specialists included. This type of plan is good for those who don’t visit their primary care physician often, and therefore don’t mind limiting themselves to a specific provider network.

Whether you’re purchasing health insurance for the first time or changing your policy, Health Plan Market has the tools and resources to make the insurance buying process hassle-free.