Insurance agents love to speak a language all their own. Many shoppers looking for cheap health insurance in Orlando, FL get so confused that they want to quit shopping and live without any insurance. That is never a good idea. Follow this simple guide to understanding the various types of a cheap health insurance in Orlando, FL available.
Health Maintenance Organizations
These are commonly called HMOs. People that choose this type of coverage have the least amount of personal choice, but on the positive side, people on these plans often complete very little paperwork. One of the ways that HMOs keep the cost down is that every customer is assigned a personal doctor, whom the patient must see before they can see any specialist. HMOs have an assigned list of doctors that you may use. If you choose to visit a doctor who is not on the assigned list, then you may have to pay the entire cost of the visit yourself. Likewise, HMOs usually have a list of hospitals that you must use unless it is a true emergency. Those who choose this option can expect to pay a premium and a deductible. Note, however, that many preventative services are often provided without a deductible.
Preferred Provider Organization
These are commonly called PPOs. One of the largest differences between an HMO and a PPO is that with a PPO, you do not normally need to seek a referral from a primary care provider to see a specialist. This type of cheap health insurance usually has a list of preferred providers, but you can see someone outside the list. If you do, however, expect to have to complete more paperwork and usually have to pay more than if you see a provider on the approved list. These plans come with two options. You may have to pay flat copays for seeing a provider, or pay a percentage of the total cost of the service. If you choose to see a provider who charges more than is typical in your area, then you may have to pay the difference.
Point of Service Plans
Commonly called POS plans, this type of cheap health insurance blends elements of HMO and PPO insurances. Typically, you have a primary care provider you must see before seeing a specialist. The plan has a list of preferred providers, but you may see the person your primary care provider refers you to, although you may have to pay more money. You may have to pay the out-of-plan provider and then wait for the insurance to reimburse you. Additionally, you will need to pay a copay or a percentage of the total bill. Usually, these plans come with a moderate amount of paperwork.
If you choose to visit a doctor who is not on the assigned list, then you may have to pay the entire cost of the visit yourself. Contact us for Cheap Health Insurance.
