Different Types of Health Insurance Plans

When shopping for health insurance, you may run across a lot of confusing information and terms that you have never heard before. Health insurance comes in many different shapes and sizes. Knowing the basic types of health insurance will help you in finding a plan that is right for here. Here are some of the basic types of health insurance plans available for you and your family when shopping for a health insurance policy:

Traditional Indemnity Plans

PPO or Preferred Provider Organizations

POS or Point-of-Service Plans

HMOs or Health Maintenance Organizations

The type of health plan that is right for you will of course depend on you and your family’s individual health needs and other factors such as your financial and employment situation. Knowing a little more about these basic types of health plans will arm you with a little ammunition when sitting down with an insurance agent to discuss which health care plan is right for you.