Advantage to Managed Health Care Insurance

We know that health insurance is devided into 2 catagories - indemnity and managed health insurance. We have learned about indemnity health insurace plan in our previous post. Now, we will know details about it.

Managed health care insurance is a popular plan in USA. It is more flexible than indemnity plan. HMOs, POSs, and PPOs are included in the managed plans. You may either pay a monthly fee (no matter how many times you see a doctor), or pay a co-payment but no monthly fee with these options. You are given options of care with these plans. You can choose the plan and pay the amount of money you wish. It determines how big of a network of doctors and specialists you can see and still be covered under the plan. Some managed care plans (most often PPOs) offer sponsorship programs from a network of hospitals and medical services. You can often get this kind of plan through your employer.

Managed healthcare plans are better for the average person due to the fact that they are more cost effective. While indemnity plans may give you a lot more freedom in cost, you will have to use the healthcare provider that the insurer chooses. If you have a specific disability, this can present itself as a problem. In the long run, a managed care plan will save you money, especially if emergencies arise when you are out of town. These types of plans also are more flexible in policy. Before you purchase any kind of health insurance, be sure to research the many options available for you and your family to ensure you receive the best coverage possible for the lowest monthly premium or deductible.