Medical insurance is important because if you do not have coverage, the high cost of medical bills will be solely your responsibility.
A Policy will help protect you against the high cost of medical care.
Health Maintenance Organizations, or HMOs, are a popular form of health care. Policies with an HMO are very affordable, which explains their popularity. However, the many restrictions they place upon subscribers have made it so that they are also quite controversial.
Some people believe that HMOs are poor substitutes for more comprehensive types of health coverage. They complain that with this kind of insurance policy, patients are not receiving the best care possible because they must choose from a small number of physicians and must get referrals from their primary doctors before they are able to make an appointment with specialists.
Others say that Health Maintenance Organizations are doing a good job making insurance affordable for people who would otherwise have to go without. They emphasize that HMOs believe in keeping people healthy so that they do not suffer from any catastrophic illnesses or diseases requiring specialized treatment.
No matter what your position, there is no denying the fact that the most inexpensive individual and family policies available come from HMOs. If you need to find health coverage that is cheap and reliable, this is your best option.
With a policy through a Health Maintenance Organization, you will be expected to choose a primary care physician from a list provided to you by your insurance company. This is the doctor you will be required to see first; he or she will refer you to a specialist from the network if that is deemed an appropriate course of action for your illness or injury.
Using a reduced network of physicians is what allows these types of insurance companies to offer inexpensive care. They are effectively filtering a large number of patients through a small number of offices, making it possible for the HMO to negotiate for a volume discount on services rendered.
While this can be an excellent and affordable choice for someone who is young and in good health, it is important to remember that a PPO plan will provide you with more options than an HMO. There are some limits of types of treatments that will be approved by an HMO provider, and it can take longer for referrals to come through, meaning that in some cases, treatment will be delayed. However, ER visits are covered and you can trust that you will be cared for in the event of an emergency.
Whether you opt to sign with a Health Maintenance Organization or with a more flexible PPO, you can count on us to find you the best prices and most affordable health care insurance on the market today.