Health Insurance Plans — Choosing the Right Coverage
Posted on 25. Nov, 2011 by admin in Insurance
When you start shopping for individual health insurance coverage, you’ll find out quickly that there are all kinds of different health insurance plans.
You can choose a managed care plan such as an HMO (Health Maintenance Organization), PPO (Preferred Provider Organization), or a POS (Point-of-Service) plan. You can also choose traditional indemnity health coverage, also known as an FFS (Fee-For-Service) health plan. And these aren’t the only kinds of health insurance plans — they’re just the most common.
The number of health insurance options can seem overwhelming, but it’s actually a good thing that there are so many choices. Why? We all have unique needs, so a plan that might work for you might not work for someone else.
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