Health Maintenance Organization
HMO plans are among the most affordable plans you can find. HMO plans give you a low-cost way to get routine healthcare. In an HMO plan, you get all of your healthcare from within a “network” of doctors and hospitals.
PPO Preferred Provider Organization
PPO plans offer many of the same savings advantages as HMO plans, but with more flexibility. In a PPO plan you can choose to see any doctor you want, regardless of whether or not they’re in the plan’s network.
Point of Service
POS plans combine the features of HMO and PPO plans. Like an HMO, you choose a primary care physician for routine care. And like a PPO plan, you can choose to see any other doctor or care giver.
Fee for Service (FFS)
FFS plans are the traditional kind of health insurance. In an FFS plan, you pay for your healthcare expenses, and then file claims to be reimbursed by your insurance company. Though FFS plans were once popular, most now choose one of the affordable alternatives.
Prescription Coverage Plan
Not all health plans include prescription drug coverage. You want to add an additional plan to cover your medications, especially as you get older. Senior citizens can turn to the Medicare prescription drug program for help paying their bills.