– Getting Started & Next Steps
July 30, 2019
There is a high number of people that are not associated to any existing health plan. There is the need for an individual to know that there are two famous options of health insurance which are the PPO and POS plans. Choosing the right plan is possible if an individual factors in the following information.
A common health insurance plan is the Preferred Provider Organization. This plan consists of healthcare practitioners is a certain area that give healthcare services to patients. The total healthcare cost of the customer is totally reduced given that PPO plans offers the services at a discounted rate. One is needed to pay when they are given the healthcare services and the other costs will be catered for by the insurance company. Even when an individual gets the healthcare service from an outside provider from the PPO, their bill will still be paid, but will be a low price.
The benefit of PPO is that, there is so much flexibility given that an individual has no worry of selecting a primary physician or to get a referral in order to see a specialist. Getting a provider out of the network is also a possibility. With PPO plan, an individual is sure of saving time and that they won’t indulge in so much paperwork. However, this plan is expensive as compared to other plans and the cost tend to escalate fast if an individual is getting a provider out of the network.
Secondly is the POS plan. This plan is not flexible given that one is needed to choose a primary care provider whom has the mandate of giving referrals to a specific specialist. Just like PPO, an individual has the option of getting healthcare service from an outside provider but at a high cost.
An advantage of PPO plan is that it is not costly. If one has no worry of choosing a primary physician, then this plan is the most suitable. Flexibility is not experienced in this plan which is a disadvantage.
If one is not happy with the above health insurance plans, then they can consider other options. There is the Health Maintenance Organization which needs one to choose their primary care provider and is considered to be same with the POS. In the event that an individual chooses another provider, then spending a lot of cash is inevitable. There is also a Short-term Health Insurance which is a short term options for one that needs a health cover for a short period until they are stable. The last option that one has is the High-deductible Health Plan which for an insurance to cover a cost of claim then one has to pay a required amount.