THE TOP FIVE HEALTH INSURANCE PLANS

Word Count:
296

Summary:
Are you undecided on what type of health insurance you need to buy for yourself and/or your family?  Here are five popular insurance plans to help you make your decision.  In addition, you can more information on health insurance by visiting the site below.


Keywords:
Health insurance, insurance, HMO, group health insurance


Article Body:
Since competition in terms of health insurance is on the rise, it is 
no wonder that more and more forms of health insurance are 
being designed.  Among these, there are few that are popular and 
they are briefly described below. 

Individual Insurance: Ensuring a person individually is a common 
mode of insurance.  One may be selective about what s/he wants 
in a plan through this process.  Accordingly, one has required 
premium is calculated, and the insurance plan takes effect.

Group Insurance: Another type of insurance is the group 
arrangement.  Through this type of insurance, one is compelled to 
abide by what others are going for, and this is dependent on the 
insurance providers.  They are the ones that decide what is 
feasible to include in a plan, and on that basis, a group insurance 
can take place. 

Indemnity Plan: This plan allows one to go to any doctor when one 
needs to; there are no restrictions on this, and it is believed to be 
more of a traditional plan.  One does not need permission to go to 
a particular health care provider.  However, usually what happens 
is that the member pays 20% of the total fee for treatment while 
the insurance provider pays 80%.  In addition to this, there is a 
period through which one pays up in this manner, and then the 
company takes over paying the whole 100%.

HMO: The Health Maintenance Organization is one that allows a 
member to select a particular doctor off the panel.  It is these 
selected doctors that will deal will with members' problems.  The 
selected doctor is the one that will be approached for checkups of 
any kind, and if there are problems with a member that cannot be 
handled by him or her, the member is referred to specialists.