Health Insurance Comparisons

The Reader’s Question

In getting a health insurance, how will I choose the right insurance coverage and how do I get a good price out of it?

Chiqui Holmes

Thank you for this question.

Normally, most people find it difficult to pay if the medical bills pile up tremendously especially there is a member of the family that becomes sick or injured in an accident. Even if it is expensive, health insurance is the vital thing that you cannot afford to be without. If that is the case, it is better to look for a plan that will work for you effectively. Various options are available and having to compare health insurances may be confusing and difficult at the same time. The two most common types of plans are the PPOs and the HMOs. Here are some of the boons and banes of the two mentioned plans.

PPO is referred to as the preferred provider organization. The PPO is less restraining than that of an HMO. In a PPO, you are not limited to one primary care doctor; a network of health care providers will be assigned to you and you are permitted to have a check up with doctors outside your own network but with an additional fee. As it is less restraining, the PPO also costs more. There are low copayments even if the deductibles are quite high, between a few hundred to more than a thousand dollars.

The HMO is the health maintenance organization and is the most inexpensive plan option. No deductibles in HMO and this is the amount where a payment is required before availing this coverage type. HMOs are one of the more restrictive options where a primary care doctor is assigned to you who will administer your medical care. If a specialist is required for whatever reason you need to get first permission of the primary care physician assigned to you before you can go to a specialist.

There is a big competition between the different health care providers and this is an edge for the client of these health insurances as it will save a lot of money. Costs differ tremendously between the insurance providers, and one needs to get multiple quotes in health insurances so as to show the biggest opportunity in getting a good coverage at such a low cost.

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