Health Insurance Plans

Health insurance plans can vary widely in their coverage, structure, and costs:

• Health Maintenance Organization (HMO): Requires members to choose a primary care physician and get referrals to see specialists. Generally offers lower premiums and out-of-pocket costs.
• Preferred Provider Organization (PPO): Offers more flexibility in choosing healthcare providers, though out-of-pocket costs may be higher.
• Exclusive Provider Organization (EPO): Similar to PPOs but doesn’t cover out-of-network care except in emergencies.
• High Deductible Health Plans (HDHP): Lower premiums but higher deductibles. Often paired with Health Savings Accounts (HSAs) to help cover out-of-pocket expenses.