There are all kinds of health care plans on the market today including comprehensive medical plans, managed health care plans, and a host of specialized plans. This article explains how to find an inexpensive plan that fits your needs.
What kinds of health care plans are available?
Health care plans fall under two basic categories – comprehensive plans that cover all you medical needs, and specialized plans that only cover a specific disease or situation. Here is a breakdown of the most popular plans:
Comprehensive Plans
Comprehensive plans, you pay for your medical visits, medications, hospital and related medical costs, such as X-ray and laboratory tests. There are two types of comprehensive plans:
1. Fee-for-service (plans) including compensation plans – These are the traditional plans whereby you pay a monthly premium and your insurance pays a percentage of the cost of medical care(usually pay 80%) after a deductible. These plans allow you to choose your own health care provider and for this reason they are the most expensive plans.
2. Be Managed Healthcare Plans (HMO, PPO, provided POSS) – These plans pay a monthly premium you pay, or for services and assigned to a group of doctors, hospitals and specialists. You pay a small co-payment for each doctor's visit (usually $ 5 to $ 10), and your insurer pays your medical expenses. Theseare the cheapest of the comprehensive plans.
Special Plans
Special plans for people who do not want to pay the high cost of a comprehensive plan, or just want for a specific disease or situation. These plans include:
* Major medical plans – The plans pay for hospital and surgical expenses for serious illnesses such as cancer or heart disease. You pay for doctor visits and medications and your insurance company pays for major medical andHospital costs. These plans have a high deductible and low monthly premiums.http://www.healthplan.pannipa.com/2009/10/where-to-find-inexpensive-individual-health-care-plans/
