Tag Archives: what types of health insurance are there

What Types of Health Insurance Are There?

What Types of Health Insurance Are There? | JT Insurance ServicesThe world of health insurance can seem confusing and daunting. If you are looking for the best plan to protect your health, you might be wondering, “What types of health insurance are there?” There are some key distinctions you should know before you pick a plan.

One of the most common types of insurance is a Fee-for-Service policy, or an indemnity plan. As the name suggests, your fee-for-service insurance company will pay the fees for the medical services that you seek after you submit reimbursement forms. These plans are great if you need flexibility because they allow for a great deal of freedom when selecting the healthcare provider that best suits your medical needs.

As you are investigating what types of health insurance are there, you may find yourself familiar with the acronym “HMO,” but unsure of what it stands for. “HMO” refers to “Health Maintenance Organizations.” If you choose this type of plan, you will have access to a network of specific doctors that provide healthcare for members of your HMO, including someone who will become your primary care physician. HMOs are a very affordable option. You can pay a monthly fee to your HMO that can cover the cost of medical services so that you only have to worry about your co-pay upfront.

Another type of health insurance plan is the “PPO,” or the “Preferred Provider Organization” plan. With a PPO plan, you can get your favorite doctor on a list of preferred providers, making your treatment with him or her eligible for coverage. Even if your doctor is not on your PPO’s list, you can still seek treatment with him or her and have the cost partially covered.

Now you have answered the “What types of health insurance are there?” question! As you continue to learn more about your healthcare options, be sure to remember that all insurance policies require you to pay premiums, co-pays, and deductibles. With that in mind, you can move forward and select the best plan for you.

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Types of Insurance For Your College Student

Types of Insurance For Your College Student | JT Insurance ServicesWhen your child goes away to college, there are important types of insurance to take into consideration to keep him or her safe and prepared for any incident. Health insurance, auto insurance, and even renter’s insurance may be good ideas to help your college student adjust to living away from home with new expenses and experiences.

Click here to read the full article by Kimberly Lankford for Kiplinger.

Types of Health Insurance for Every Age

Types of Health Insurance for Every Age | JT Insurance ServicesWhile different types of health insurance and other types of insurance are always important, certain types may seem more important at different stages of your life. The absolute basics of health and auto insurance should be established as early as possible, while individuals in their 30s often invest in life insurance, and in their 40s in long-term care insurance.

Click here to read the full article by Libby Kane for Business Insider.

Different Types of Health Insurance Plans

Different Types of Health Insurance Plans | JT Insurance ServicesWhen seeking coverage for your health needs, it is very important to be educated in regards to the different types of health insurance plans that are available to you. Four common types of plans are health maintenance organizations (HMOs), preferred provider organizations (PPOs), point-of-service plans (POSs), and health savings accounts (HSAs). Exclusive Provider Organization (EPO)and Fee For Service (FFS) are also other options. Reading up and educating yourself on the differences between these plans is critical in your search for the best types of health insurance for you.

Click here to read the full article for WebMD.

Types of Health Insurance for Early Retirees | JT Insurance Services

Types of Health Insurance for Early Retirees

For early retirees who are of the pre-Medicare age, there are multiple types of health insurance for every budget and need. The government marketplace will offer you federal tax credits, resulting in lower payments for your policy. Outside of the government marketplace, you can go through insurance companies, agents, or brokers. COBRA coverage may also carry you through if you only need temporary insurance until you are eligible for Medicare.

To learn more, click here for the full article by Jim T. Miller for Huffington Post.

Understanding Different Types of Health Insurance | JT Insurance Services

Understanding Different Types of Health Insurance

With so many different  types of health insurance available, it is important to learn about and understand the options available to you. Private health insurance is often offered by employees or organizations, while public health insurance acts through the government. This article breaks down the options in more detail to better explain types of health insurance.

Click here to read the full article on WebMD.