Is your health insured ?

February 26, 2008

Your health program planning is incomplete without considering the health insurance aspect of your life. It is not only a protection against your financial losses but also the emotional safeguard against unforeseen events. Some of the best health insurance policies are those that can give you a coverage which you can afford and covers your health risk.

HMO - Health Management Organizations

With HMO in place, the insured receives the medical and health treatment from a specified set of tractors and hospitals. The HMO pays your doctor and hospital bills with a co-payment clause. In this scheme of things, the insured is required to choose a network primary physician who will overlook all health related activities of the insured.

HMOs are least expensive comprehensive health care plan and have a minimum paper work.

PPOs - Preferred Provider Organizations

With the PPO scheme of things, you don’t need to choose a physician. However you need to pay extra for availing treatment from a non networked hospital.

POS – Point of Sale

POS plans are very similar to HMOs, but you can avail the services of non network hospitals and doctors by paying a higher co-payment and a small deductible. Most of these health and life insurance plans can be found at one dollar life insurance

It is always better to be safe than sorry. Stay Insured. Stay Healthy.

Posted in Health insurance