If you’re currently in the market for health insurance, you may find the process confusing. There are a few different types of insurance plans to choose from and knowing which works best for you and your family is critical to making a smart decision that saves you money and provides you with the best care. Based on your specific needs, one of the following insurance types might be the right option for you.

3 Types of Health Insurance You Should Know

1. HMO Insurance

HMO stands for Health Maintenance Organization, which offers a network of medical providers to choose from. Policy holders are expected to stay within the network when in search of medical care, as deviating will likely result in out-of-pocket expenses. In most cases, you will choose a primary care physician who will then refer to other doctors, such as those specializing in specific areas of health care, on an as-needed basis.

2. PPO Insurance

If you are offered insurance through your place of work, chances are these plans are Preferred Provider Organization (PPO). You will be given a list of providers to choose from, and using their services means that most of the claim will be covered by your insurance agency. While you are free to visit medical professionals not on the PPO list, you may have to cover more of the cost of care.

3. Indemnity Insurance Plans

With an indemnity plan, you can choose any doctor or hospital you see fit. The insurance company will pay for a specific portion while you might be required to cover the difference up front. However, in most cases, you can request a reimbursement, which the insurance company will provide depending on the details of your situation.

In Watertown, CT, Kalita Agency Inc. is dedicated to helping local families find the perfect health insurance plan for their specific needs. These agents can explain what each plan entails in a clear and concise manner, so you can rest assured that you’re making the best possible decision. They also offer a wide range of additional insurance products, including home and auto insurance. If you’d like to speak with a friendly and knowledgeable agent today, call (860) 274-8882. You can also visit them online for more information on securing health insurance.