Do You Really Understand Your Health Insurance Options?
Health care is expensive, especially if you are not prepared financially. Good health insurance coverage not only ensures that you will get the treatment you need should you fall ill, but it protects you from the burden of unexpected medical expenses.
The introduction of the Affordable Care Act, also known as “Obamacare”, was designed to help Americans to get health insurance irrespective of their income or existing health problems.
Health Maintenance Organizations (HMO), Preferred Provider Organizations (PPO) and Traditional fee-for-service health insurance plans are the three categories under which your health insurance choices fall:
- Traditional fee-for-service is usually the most expensive choice; however, an advantage for this plan is that it offers you the most flexibility when choosing your healthcare providers. This flexibility can be critical depending on the health issue for which you need treatment.
- Health Maintenance Organizations (HMO) covers the costs of preventive care and generally has lower co-payments than the other plans. However, under this plan, your choices of health care providers covered by the plan are pre-determined.
- Preferred Provider Organizations (PPO) offers lower co-payments like the HMO plan, but provides you with some flexibility when you need to select a healthcare provider. PPO plans come with a list of healthcare providers that are covered and allow you to chose from the list.
At Choice Plus Benefits, we help you choose and buy health insurance policies in Texas that you and your family can count on, especially in difficult times. Our customer service specialists will work with you to match your specific financial and medical situation with the best plan suited to your needs. Contact us today to get a free instant quote.