Whether you need a group health insurance Ohio quote or a group health insurance quote Michigan, once you receive your insurance quote details, you’ll need to decide which policy to choose. Even more importantly, you’ll need to understand the types of group health insurance that are available under different policies.

The most traditional type of coverage is fee-for-services, which is a basic indemnity policy. Like most health insurance policies, there are several variables that govern how coverage can be used. For instance, in a fee-for-services plan, insurance companies pay a portion of health care bills and the individual insured pays a monthly premium. Fee-for-services typically carry a deductible for each person the coverage policy. Once the deductible has been met, additional incurred costs are then shared between the insurance carrier and the insured. It’s important to note that not all health expenses count toward the deductible.

Another popular health coverage model is the health maintenance organization (HMO). Again, members pay a monthly premium in exchange for comprehensive health care such as, hospital stays, doctor visits, emergency care, laboratory, surgery and therapy. The choice of care is limited to HMO contracted professionals. Additionally, there are small co-pays that members will pay during health care visits. Most HMO plan members select a primary care physician (PCP) who manages the patient’s healthcare and refers patients to specialists when needed.

An addendum to the HMO model is the point-of-service (POS) option. This may be added to an HMO policy to give members more choice in self-governed care. Whereas a PCP in an HMO plan refers members to specialists inside the plan, POS members can refer themselves outside the plan and still receive some coverage. A group health insurance Ohio quote can make a difference for you.

The relationship between plan type and cost is converse meaning that the more flexibility you wish to have, the more it will cost you. This is evident in the preferred provider organization (PPO) model. A blend of fee-for-service and HMO, the PPO model has a limited number of physicians and hospitals to choose from. Co-payments are part of office visits, but members may choose to see providers in-network or out-of-network as they see fit and still receive some coverage.

Before selecting a health insurance policy, make sure that it’s a good fit for your needs and your dependents too by checking out a group health insurance Ohio quote.