Skyrocket Your Savings When Buying Health Insurance

Types of Health Insurance Plans

Primarily, health insurance plans fall into several categories: Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), Exclusive Provider Organizations (EPOs), and Point of Service (POS) plans. Each plan type offers varying levels of flexibility in choosing healthcare providers and coverage options. For instance, HMOs generally require you to choose a primary care physician and get referrals for specialist care, which can help keep costs lower. In contrast, PPOs offer more flexibility in selecting providers but often come with higher premiums¹.