Health Insurance

Preferred Provider Organization (PPO)
A PPO plan allows you to go to any medical provider you choose, although healthcare providers outside of your network may cost more than those within your network. A PPO plan is more flexible than most so it might be best suited for those who see a variety of healthcare providers. With a plan like this, there is no need for a primary care physician. You also do not need a referral to see a medical specialist.

Exclusive Provider Organization (EPO)
This kind of health insurance plan requires you to visit doctors and hospitals within their specific network. As a member of an EPO-type insurance plan, you are not allowed outside of your network for medical care. These plans are most commonly low-cost options compared to the other types. It is probably best matched with people that don’t visit medical professionals often or without anticipation.

Health Maintenance Organization (HMO)
An HMO plan is most often associated with the widest range of freedom with health care providers. Providers often plan pre-negotiated rates for services with insurance plans like this. With an HMO plan, you must choose a primary physician. Under an HMO plan, your primary physician will refer you to specialists as well as manage your health care. These kinds of plans are more expensive than most other options but also serve as a relative medium.