Health Care Options

Juana Fernandez 1/6/16

Group Health Insurance

It is the most popular way individuals can obtain affordable health insurance coverage for themselves and their family members. The cost of a Group Health Insurance policy is typically more affordable because the plan can be managed, and the insured shares the cost of medical care through premiums and co-insurance payments.
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Individual Health Insurance

The policies are often more expensive han other types of health policies, usually have a waiting period and may require a medical physical prior to the policy going into effect. Individual health insurance policies are predominantly used by the self employed.
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Managed Health Care Insurance

This is often referred to as Managed Care is health care coverage where insureds have access to a large network of medical professionals. Managed Care is comprehensive medical coverage that covers about 75% of all the insureds that have health coverage through their place of employment.


Two types of Managed Care plans are:

  • Health Maintenance Organization (HMO)
  • Preferred Provider Organization (PPO)

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Health Maintenance Organization (HMO)

It is a managed care plan that specializes in preventative health care and early detention of illnesses. Members are entitled to prepaid health care services for a specifies monthly premium or fee. In a HMO plan preauthorization by a medical doctor is usually necessary prior to any treatment.

Preferred Provider Organization

It is a type of health care insurance that encourages the insured to use contracted providers such as specific physicians, clinics, and hospitals for discounted fees and medical expenses.