Some large national brands include Aetna, Blue Cross Blue Shield, Cigna, Humana, Kaiser, and United. Also, as health insurers compete for business, they may make unclear the type of insurance. Similar to a catastrophic plan, you may be able to pay less for your insurance with a high-deductible health plan (HDHP). Comparison shopping should be easy. For example, a visit to an in-network doctor might mean you’d have a $10 co-pay. When it comes to health insurance, it’s common to see that the above plans can be offered for an individual or group, if supplied by an employer. You don’t, however, have complete autonomy. You can see in-network providers your primary care doctor refers you to. You may have to pay upfront and then submit the bill for reimbursement, or your provider may bill your insurer directly. You can see out-of-network doctors, but you'll pay more. We strive to help you make confident life insurance decisions. Our goal is to be an objective, third-party resource for everything life insurance-related. How Much Term Life Insurance Do You Need? Tim Bain Doctor Rating and Review Sites: Reliable? With POS plan, you may have: What doctors you can see. Some people enjoy the autonomy offered by fee-for-service plans, while others prefer the low costs associated with closed-panel HMOs. In this regard, you can consider the afore-mentioned types of health insurance … Whether you’re purchasing health insurance for the first time, wondering if you should change your health plan as your personal needs change, getting ready for the next Obamacare open enrollment period, or becoming qualified for a special enrollment period because of a major life change—you’ll want to take a look at the major types of health insurance available. If you go out-of-network, you have to pay your medical bill. The options span the spectrum from low cost, minimal coverage, to expensive, all-inclusive policies. This varies depending on the type of plan -- HMO, POS, EPO, or PPO, You can set up a Health Savings Account to help pay for your costs. No matter what health insurance is best for you, saving money on health insurance is always ideal. Sign Up to Receive Our Free Coroanvirus Newsletter, High-Deductible Health Plan With or Without a Health Savings Account, Important Vitamins and Minerals for Adults. ", The Henry J. Kaiser Family Foundation. Catastrophic health insurance is amongst the least expensive forms of health insurance. Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. But if you refer yourself out, then you’ll probably have to deal with more paperwork and a smaller reimbursement. Being familiar with the plan types can help you pick one to fit your budget and meet your health care needs. Exclusive Provider Organizations are PPOs that look like HMOs. You can still choose to refer yourself, but it’ll mean more hassles and more money coming out of your pocket. “Health Reform FAQs: Marketplace Eligibility, Enrollment Periods, Plans and Premiums.”, Society for Human  Resource Management: “For 2015, Higher Limits for HSA Contributions and Deductibles.” All rights reserved. Copyright © 1995-2020  |  QuickQuote.com  |  10775 Double R Blvd. Â, Life and Health Insurance Foundation for Education: "What are the Different Types? You can refer yourself to any specialist without getting permission, and the insurance company doesn’t get to decide whether the visit was necessary. What doctors you can see. Any in the EPO's network; there is no coverage for out-of-network providers. , we launched our first website a full year before Google resource for anyone interested in learning about. Annual check-ups and pelvic exams haven ’ t really just two major types of health does! 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