What
kinds of health insurance are there?
There are essentially two kinds of heath insurance:
Fee-for-Service and Managed Care. Although these plans differ,
they both cover an array of medical, surgical and hospital
expenses. Most cover prescription drugs and some also offer
dental coverage.
Fee-for-Service
These plans generally assume that the medical professional
will be paid a fee for each service provided to the patient.
Patients are seen by a doctor of their choice and the claim
is filed by either the medical provider or the patient.
Managed Care
More than half of all Americans have some kind of managed-care
plan. Various plans work differently and can include: health
maintenance organizations (HM0s), preferred provider organizations
(PPOs) and point-of-service (POS) plans. These plans provide
comprehensive health services to their members and offer financial
incentives to patients who use the providers in the plan
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