HEALTH INSURANCE

HEALTH INSURANCE

HEALTH INSURANCE

HEALTH INSURANCE:

Health insurance is nothing but an insurance policy that protest against the medical bills .that means a health policy give compensation for medical charges to the insurer. Its not like that normal insurance in an life or auto insurance policy if any damages causes to human or the vehicle the compensation came for the insurer ,but in health insurance if any deices or accidents are caused to the insurer the insurance companies should pay money to the certain hospital. So that there is no return for the insurer but he don’t worry about medical debits . the health insurance policies are vary with range of premium normally rate of premium available up to ($200 --- $2500) .mostly all of the insurance companies provide health insurance policies to people. There are four type basic types of health insurance plans are available for USA people.

• Health Maintenance Organization or HMO
• Preferred Provider Organization or PPO
• Traditional Indemnity 0Plans
• Point of service plan or POS

the above polices are better than each other its really depends upon your own risk . In USA some of the people enjoy the autonomy offered by fee for service plans and some of the people wish the low costs associated with the HMO’s.

Health Maintenance Organization:

HMO (a closed panel) is the least expensive and least flexible type of health plan. This type of health insurance plan provide complete health care for you and your family , the policy cover health care either directly by its own group through doctors or other healthcare hospitals under contract these type of health care units are called INDIVIDUAL PRACTICE ASSOCIATION (IPA’s) . Generally the choice of doctors and hospital are limited to those that have agreement with the HMO to provide health care. This type of health insurance policies include doctors visits , hospital stays , surgery , emergency care . the total medical costs will likely lower and more predictable in an HMO than with fee for service health insurance. HMO’s typically provide protective care like immunizations, mammograms, office visits.

In USA most of the peoples like HMO plan because they don’t require claim forms for hospital stay, In this type of HMO’s the insurer don’t wait for Doctors appointment because the HMO’s having their own doctors at their own building at one or more locations of your City to take care about the HMO members. In other hand the contracted independent groups of doctors care about for the HMO members at their own hospitals or (their own building’s) they are called IPA’S the doctor is just like a major care taker of you, the doctor monitors your healthcare the major limitation of this type of health insurance is you cannot see a health care specialist without a reference from your primary care doctor.