What are the different types of health insurance plans?

In Maryland, there are several different types of health insurance plans available. The most common are HMOs (Health Maintenance Organizations) and PPOs (Preferred Provider Organizations). HMOs are managed care plans that contract with healthcare professionals and facilities. If you choose to use a plan through an HMO, you must receive your care from those in the network, and your doctor must coordinate with other providers if referrals are needed. Most HMOs will require people to have a primary care physician. PPOs are also managed care plans, but with more flexibility. Unlike an HMO plan, you can receive care from out-of-network providers and won’t need a referral to see a specialist. However, you will pay more for out-of-network care. In addition to those two plans, Maryland also offers high-deductible plans. These plans usually require individuals to have a high amount of out-of-pocket costs before insurance will pay for care. Although these plans require higher up-front costs, they are typically cheaper than other plans. Finally, Maryland may also offer short-term health insurance plans. These are designed for people looking for temporary coverage, usually between jobs. Ultimately, there are several different types of health insurance plans available in Maryland. It’s important to research plans and find the one that best fits your needs.

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What are the different types of health insurance plans?

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