subject: health Service Plans [print this page] There are so many different types of health insurance. Moreover, as more types develop, individuals find that shopping for health insurance can turn out to be difficult. The solution for having an less difficult experience is simply knowing what you want out of your insurance coverage. After knowing what you want is established, it's best to take a look at the most common types of services that most general insurers offer to see if an individuals needs can be met. These common services are Disability plans, HMO plans, PPO plans and POS plans. The average insurer provides the four of these different services.
Disability plans are known to cover a percentage of an individuals income in the event that the individual experiences an accident or illness that prevents them from working for a period of time. There are also short term disability plans. Short term disability plans generally cover up to twenty six weeks from the first day of an accident or for the eighth of an illness. Most of these plans cover up to seventy percent of an individuals weekly pay. Long term disability also exists. This type of plan usually exists after a short term coverage has ran out or expired. Most Long term Disability plans cover a changeable term after the short term disability expires. Some long term disability plans cover an individual for as short as two years or as long as up to an individuals age of 65.
An HMO plan, or a health maintenance organization plan works with a particular group of hospitals and doctors that are a in a network. The benefits of this plan can be found within an individuals expenses. General HMO plans offer lower office visit costs and low cost prescription drug co-pays. Depending on the type of coverage an individual chooses, there might be a no pre-existing condition clause which is a limitation to those who have complicated conditions before acquiring the plan. Within an HMO plan, it's important to know the limitations of not being able to go outside of the network services.
PPO plans, or preferred provider organization, doesn't limit an individual to select a primary care provider. An individual can choose there own primary care physician without worrying about a referral. Plus, the individual can experience no deductible costs for hospital stays. PPO plans also generally have a larger selection of physicians to choose from.
A POS plan, or a Point of Service plan, can be considered a lot like an HMO plan. POS plans are similar to HMO plans because you have to select a primary care physician. However an individual is open to pick an out of network treatment.
Shopping for health insurance can be difficult now a days because of the unending types of insurance. By knowing what you want and what you can afford, it's best to just focus on the general types of insurance that most health insurance providers cover. Plans such as an HMO plan, a PPO plan, a POS plan and Disability plans are general services that most insurers provide.
