What Type of Health Insurance Should I Get?

2020 stats are in: over 297 million Americans have health insurance. But with the wide array of available plans, you may be wondering what type of plan to get. 

This is something that many people have a hard time deciding, but all you must do is get a solid understanding of the different types of insurance prior to making a decision. From there, you’ll be able to select a plan that best meets your individual and family needs. 

Fortunately, we’ve put together all the info you need to know about health insurance premiums. In no time, you can start looking for a provider that has the best health insurance coverage available.

So if you’re wondering, “What type of health insurance should I get?”, read on to learn more about the different types of health insurance plans available!

Exclusive Provider Organization

Exclusive provider organizations (EPOs) are plans that let you work with people within a certain network. When using an exclusive provider organization, you can get discounts if you use their doctors and hospitals.

Having EPO health insurance coverage can make treatment much more affordable for many, but it prevents you from exploring options. If you decide to work with someone that isn’t partnered with your health insurance provider, you won’t get covered.

This type of plan is commonly offered by employers. You can check out https://www.integrativeasheville.org/employee-health/ to learn more about it.

Health Maintenance Organization

Similar to an exclusive provider organization, a health maintenance organization (HMO) prevents you from working with a doctor outside of its network. However, HMOs are stricter than EPOs in that they can require you to live in a certain area to get coverage.

While HMOs can be difficult to deal with, they can help anyone that wants to focus on prevention. With an HMO, you can get regular check-ups without having to pay.

Point of Service

A point of service (POS) plan allows people to seek medical treatment anywhere, but they get discounts when working with doctors within the network.

What makes a point of service plan stand out from other health insurance plans is that it requires you to get a referral from a doctor to see a specialist. For example, if you’re dealing with skin issues, you need a referral to see a dermatologist and get health insurance coverage.

Preferred Provider Organization

The best health insurance plan for those that want to avoid limitations is one from a preferred provider organization (PPO). With these health insurance plans, you can go anywhere without requiring the referral of a doctor.

The only downside to a PPO is that the health insurance coverage won’t be great if you work with someone outside of their network. However, you can still pay less at another doctor.

Now You Can Answer “What Type of Health Insurance Should I Get”

As you can see, it doesn’t take much to understand the different types of health insurance premiums. After reading this article, you can answer the question: “What type of health insurance should I get?”

Start thinking about what you prioritize in health insurance, then you can look for various health insurance plans that suit your needs.

To learn more about a variety of topics, check out our other articles!