Understanding Your Health Insurance Options
Health insurance is a critical to helping you control your health care costs. You pay health care companies a premium – a set amount of money each month – and you get benefits to pay for your eligible health care expenses. This can include regular doctor checkups or injuries to treatment for long-term illnesses.
You can purchase individual health insurance through the [Health Insurance Marketplace](https://www.healthcare.gov/) on your own or we can help you work through your options. although it’s called individual health insurance, you can also find plans to cover your family.
We all know how expensive health care can be. That’s why it is so important to have health insurance so you’re prepared for when you or your family have medical needs. With health insurance you can
- Prepare for the unexpected
- Access preventive care services – like checkups, which are covered at 100%
Health Insurance Plans Available on the Marketplace
There are different types of Marketplace health insurance plans designed to meet different needs. Some types of plans restrict your provider choices or encourage you to get care from the plan’s network of doctors, hospitals, pharmacies, and other medical service providers. Others pay a greater share of costs for providers outside the plan’s network. Here is an overview of the types of marketplace plans available to you.
Types of Marketplace Plans
Depending on how many plans are offered in your area, you may find plans of all or any of these types at each metal level – Bronze, Silver, Gold, and Platinum.
Some examples of plan types you’ll find in the Marketplace:
Exclusive Provider Organization (EPO)
Health Maintenance Organization (HMO)
Point of Service (POS)
Preferred Provider Organization (PPO)
For more information about the different options visit www.healthcare.gov
There are pro’s and con’s for each option. It’s important to select the right option based on your needs. Contact us for guidance in selecting the right policy for you and your family. There is no cost to you for our help.