Monday, April 13, 2009

Individual Health Insurance

Individual health insurance is a type of health insurance that is made for individuals, rather than to employer groups or organizations. This type implicates both individual and family health insurance. Statistically given the option, most people choose to have their employer accommodate group health insurance coverage. But, if it is important for you to seek coverage now, you may be pleasurably surprised with the large group of diversified and comprehensible individual health insurance and family health insurance.

Individual and family health insurance plans usually include both: "indemnity" and "managed-care" plans. As a rule, indemnity plans offer a numerous selection of healthcare providers than managed care plans. Indemnity plans recompense the covered services’ costs only after they receive a particular bill.

There are several different types of managed-care health insurance plans. They include HMO (The Health Maintenance Organization), PPO (Preferred Provider Organization USA), and POS (Point of Service Plan) plans. Managed-care plans essentially make use of health service networks. These health services agree to perform care for managed-care plan patients. The main advantages of this type are releasing from paperwork and give-away expenses.

HMO covers only attendance proposed by those doctors, other specialists, clinics and hospitals who have agreed to treat patients in accordance with the HMO's guidelines and restrictions. So with this type of insurance, you are not allowed to choose a specialist beyond the pale of a list you are proposed to.

If you make use of PPO plan, you'll be proposed to use some particular doctors and hospitals services. These hospitals and specialists have been contracted to provide services to the health insurance plan of this individual health insurance program at a discounted rate. You also can choose doctors and specialists within the bounds of the network at your own discretion.

If you choose EPO you shouldn’t seek care from a non-preferred hospitals and specialists. There is a direction measuring out preferred and non-preferred specialists. So, for this reason EPO is less popular than PPO.

Well, if you do not want to join in with a universal group health insurance system, try to come to a decision about the best way of individual health insurance program. Seek for lower medical costs and less limited choice. Sometimes individual health insurance does not differ from other managed care plans.