Ailments and illnesses are always a sudden occurrence & you have to be always prepared to cope up with them. With changing lifestyles, people nowadays have become vulnerable to several health conditions and diseases. But, with a plethora of health and medical insurances available, why let expensive medical costs burn a hole in your pocket?
Health Insurance is increasingly becoming the need of the hour with rising medical costs and increasing diseases. Financial advisors will suggest you secure insurance to save you from additional worries and a substantial financial burden. Medical emergencies, essential health benefits, along with treating diseases and accidents, come under health insurances.
This article will cover the different types of health insurance plans and benefits associated with each.
Health insurance is a cost-effective way to deal with emergency medical needs without worrying about finance. But, before deciding on buying a Health Insurance, you should be well acquainted with its types. Each insurance brand one or more of the below listed three common types of health insurance plans:
- Health Maintenance Organization(HMO): With an HMO, you get the freedom to choose your healthcare provider with minimum paperwork. A network of healthcare providers provides all services, but you will need a referral from a primary doctor to see a specialist.
- Preferred Provider Organization(PPO): With a PPO, you have moderate freedom to choose your healthcare providers, but it requires more paperwork if you plan to get a check-up from out of network providers. Also, the costs are higher for out-of-network doctors in comparison to in-network doctors.
- Point-of-Service Plan(POS): With a POS, you have more freedom to choose your healthcare providers than in comparison to an HMO. You will have to pay either a copay of $15 which comprises the charges for care.
Medical Emergencies? Health Insurance Has Got You Covered
After deciding upon the type of Health Insurance you want to buy, it is necessary to research upon all the plans available based on your needs and budget. Rates. Healthcare is a one-stop destination for all those who want to buy health insurance plans from a reliable source.
Why choose Rates. Healthcare?
There are a plethora of insurance and operating companies to choose from, each of which claims that their medical insurance plan is best. But, what if you get a chance to compare a large number of health insurance plans from different sources at one single place?
Rates.Healthcare does the same for you. It is not an insurance or operating company but connects individuals with insurance providers and other affiliates.
Start your search for healthcare, click on the site and enter your zip code. You will then be displayed several health plans and discounts near you. Click on view my quote, or you can even talk with a live agent before making a purchase.