Health Insurance Plans - Benefits to Different Plans & Providers

Health insurance plans vary in their coverage and prices. The more coverage offered, the higher the premiums. This doesn't mean that the lowest premium is the cheapest. If you have to pay many out-of-pocket medical expenses, you could be paying more than if you had gone with a higher premium plan. Different plans benefit different people.

Fee For Service

Fee-for-service health insurance policies are the most common. You pay the medical bill and then you are reimbursed by the health insurance provider. You will also typically have co-pays and deductibles. Prices range widely with these types of policies - the higher the co-pays and deductibles, the lower the monthly premiums.

The benefits of this type of insurance are that you get to choose which doctor to see and when to get immediate needed care. However, these types of plans do not typically cover preventative care like routine check-ups or tests.

Managed Health Care

Another option is a managed health care which typically has lower insurance premiums. A managed health care system could be an HMO or a Preferred Provider Organization or a variation of these. The common element is that you have to use approved physicians and dentists.

With these types of plans cost is one of the chief benefits. You get the most coverage with the lowest premiums. Coverage also includes most preventative check-ups and procedures. Unfortunately, you do not get to choose a physician outside of the network.

Catastrophic Insurance

Catastrophic insurance is for the big emergencies like hospitalization for several days. These plans typically have the lowest coverage, but they do not cover non-emergency care.

With its low premiums, this plan is ideal for someone who can cover their own typical medical expenses, but wants to protect themselves financially from an unexpected emergency.

Provider Differences

Health insurance providers have their own version of these health insurance plans. Coverage levels, deductibles, and co-pays all vary, along with the cost of monthly premiums. In order to find the best provider, research different health insurance policies. Health insurance websites allow you to compare costs along with coverage. Also, find providers that can be easily contacted through their website or on the phone.

To view our list of recommended companies online that provide health insurance and can help you compare quotes, visit this page: Recommended Insurance Companies Online.

Carrie Reeder is the owner of ezerk, an informational website with articles and information about various topics.

In The News:

pen paper and inkwell

cat break through

Life Insurance Whole Life or Term Life - Find Affordable Life Insurance

Life insurance, whether you need term or whole life, can... Read More

Discover the Fortune Hiding in Your Insurance Premiums!

Ever thought about how to save money? Sure you have,... Read More

What is Pet Health Insurance?

Pet Health Insurance can give you the peace of mind... Read More

Cheap Car Insurance ? 7 Tips To Reduce Your Car Insurance Costs

With the cost of car insurance becoming more and more... Read More

About Accidental Death Dismemberment Insurance Quote

We don't hear much about getting an accidental death dismemberment... Read More

Insurance in Northern Ireland: Historic Difficulties

No doubt most readers will have heard of the Northern... Read More

Insurance for Those Who Run Bed and Breakfast Properties

A Bed and Breakfast, often referred to as a B&B,... Read More

Check Out The Variety of Auto Insurance Texas Style

They say everything is bigger and better in Texas, and... Read More

Saving on Auto Insurance: The Road to Reduction

The road to saving on auto insurance is something that... Read More

Senior Life Settlement-Uses and Applications

In a recent article in the National Underwriter (April, 2005)... Read More

Apply Online for Temporary Health Insurance

There are times when you'll find yourself temporarily without health... Read More

Tips for First Time Insurance Buyers

The are many scary things in this world. Buying insurance... Read More

What You Need to Know About Auto Insurance

Let's be realistic, everyone needs to have auto insurance. Aside... Read More

Why Boat Insurance Is A Necessity

Boat insurance is necessary for all boat owners who live... Read More

Insurance Glossary of Terms

Assured - Those insured under the terms of an insurance... Read More

The Great Value Of Accident Photographs

You were humming along on a bright and sunny day... Read More

Natures Fury - Time to Check Your Insurance

The communities of Exmouth and Moora in Western Australia don't... Read More

About Online Term Life Insurance Rates

Online term life insurance ratesHow simple it is today finding... Read More

How Much Can My Auto Rate Increase After One Accident?

Accidents almost always make your insurance rates increase. Whether or... Read More

Compare Car Insurance Companies Before You Commit

If you want to save money on your car insurance,... Read More

How To Get Cheap Whole Life Insurance Quotes

Whole life insurance quotes the most expensive kind of policies... Read More

How Can I Compare Life Insurance Quotes?

The online life insurance companies offer a free service where... Read More

Hidden Ways to Cut Car Insurance

Consumers are countering rising gasoline prices and other vehicle operating... Read More

Travel Insurance Pre-Existing Conditions Coverage - How It Works

What is a Pre-Existing Medical Condition?When a trip cancellation travel... Read More

What is Life Insurance?

Life Insurance is an insurance policy that provides an agreed... Read More

Disaster Decision - Do You Need Insurance?

The expenses involved with owning a home can be overwhelming... Read More

Facts About Renters Insurance

If you rent an apartment or house, you might consider... Read More

Do I Need Travel Insurance?

In the United States health insurance, unlike many other countries,... Read More

Millions of Americans have No Life Insurance

Only 61% of adult Americans have life insurance (down from... Read More

What Is Permanent Life Insurance?

Unlike term life insurance, permanent insurance policies such as universal... Read More

Life Settlement: Towards A Free Market for Life Insurance

The Life Settlement market is all about providing due access... Read More

Affordable Life Insurance!

So, you've decided to purchase life insurance. Well then, you... Read More

Should I Buy Rental Car Insurance?

Rental car agencies have a menu of insurance policies they... Read More