Various Types of Health Insurance

Having safe wellness is something we all wish. In pursuit of having good health, we may exercise regularly and eat a well balanced meal. Buying policy is another way to ensure secure wellness, and it is key to understand the different types of wellness insurance available.   Preferred Provider Organization or PPO is a discount coverage program that enables you to seek medical care from providers in the PPO network. At your corporation open enrollment program, you have the choice sign up for the program as well as other programs. Treatment received at non qualified PPO provider’s increases your out of pocket expense so it is preferred to see only participating doctors. 

Health Maintenance Organization commonly refers to as HMO offer low policy premiums. Your doctor visits co pay is low ranging anywhere from $10 to $50. Routine subscriptions are normally covered under an HMO program such as immunization and well care, but it depends on your plan. Disadvantage of an HMO plan, you are limited to one medical provider within the HMO network. If you seek service from non registered providers, you are liable for the charges. HMO is a restrictive insurance plan.

  Catastrophic health insurance is another type of health policy, which covers you for catastrophic illnesses such as inpatient stay. You pay for medical care up to a particular  dollar kind. After this type is satisfied, your coverage pays up a certain  percentage based on your contract. Advantage of this program over other insurance plans, you are able to see any medical provider for service.   Other types of coverage are Medicare and Medicaid, run by the Federal Government available for retiree as well as the poor.