Leah Kelvin
Active member
About your medical costs and the type of healthcare providers you will see, health insurance networks are very crucial. Some of them include:
Health Maintenance Organization (HMO) that requires a PCP referral for specialists, and does not cover out-of-network services adequately.
Preferred Provider Organization (PPO) which has more provider choices but comes at higher prices for out-of-network care.
Exclusive Provider Organization (EPO) combines HMO and PPO qualities with in-network services only.
Point of Service (POS) plans combine HMO and PPO features with lower costs for in-network care.
High-Deductible Health Plan (HDHP) with Health Savings Account (HSA) has lower premiums and higher deductibles, with an HSA for medical expenses.
Exclusive Provider Network (EPO), like HMOs is more flexible on providers.
Knowing these networks can help you select a coverage that best suits your health needs and budget. When choosing a health insurance plan, you should consider coverage, cost, and provider availability.
Health Maintenance Organization (HMO) that requires a PCP referral for specialists, and does not cover out-of-network services adequately.
Preferred Provider Organization (PPO) which has more provider choices but comes at higher prices for out-of-network care.
Exclusive Provider Organization (EPO) combines HMO and PPO qualities with in-network services only.
Point of Service (POS) plans combine HMO and PPO features with lower costs for in-network care.
High-Deductible Health Plan (HDHP) with Health Savings Account (HSA) has lower premiums and higher deductibles, with an HSA for medical expenses.
Exclusive Provider Network (EPO), like HMOs is more flexible on providers.
Knowing these networks can help you select a coverage that best suits your health needs and budget. When choosing a health insurance plan, you should consider coverage, cost, and provider availability.
