There are many different types of health insurance.
Each has pros and cons. There is no one "best" plan. The
plan that's right for a single person may not be best for a family
with small children. And a plan that works for one family may not be
right for another.
For example, if your family includes
just two adults, it may be less expensive for each of you to have
individual coverage than for just one of you to have a family plan. If
you have children, or if you might have children soon, you need a
family plan. Because your situation may change, review your health
insurance regularly to make sure you have the protection you need.
Choosing a health insurance plan is like making any other
major purchase: You choose the plan that meets both your needs and
your budget. For most people, this means deciding which plan is worth
the cost. For example, plans that allow you the most choices in
doctors and hospitals also tend to cost more than plans that limit
choices. Plans that help to manage the care you receive usually cost
you less, but you give up some freedom of choice.
isn't the only thing to consider when buying health insurance. You
also need to consider what benefits are covered. You need to compare
plans carefully for both cost and coverage.
there are many names for health insurance plans, these are the three
-- Fee-For-Service (or Traditional
-- Health Maintenance Organizations (or HMOs)
-- Preferred Provider Organizations (or PPOs)