There’s never been a better time to have insurance coverage for medical emergencies. Yet, according to the CDC, 13.3% of adults aged 65 and younger currently have no insurance.
Are you among them?
If so, it’s about time you found out what your options are when it comes to health insurance. HMO, EPO, and PPO health insurance are the most common types of plans out there.
Today, we want to tell you about one of them: Preferred Provider Organization (PPO) plans. PPOs are desirable for their high level of flexibility. The best PPO health insurance can also be low cost if you make a few adjustments to your plan.
Does that sound too good to be true? Then you’ve got to keep reading for the top five reasons PPO is perfect for you.
1. PCP Requirements Save You Money
PPO plans require you to see a primary care provider (PCP), which is a health care provider within your network. Providers in your network agree to lower their prices in exchange for more patients. That means you have to pay less for care.
Your in-network physicians also determine medical necessity. By cutting back on non-necessary medical procedures, you’ll save countless dollars.
2. You Don’t Need a Referral to See a Specialist
Some health insurance plans require you to seek your PCP’s recommendation before seeing a specialist. While this again cuts down on non-medically necessary procedures, it can also hamstring you.
PPO plans have no such requirements. You can see a specialist at any time and without your PCP’s referral.
3. PPO Copay Plans Have Lower Premiums
Because of the relative flexibility, PPO plans can offer, the premiums do tend to be higher than, say, an HMO plan. You can offset this cost by choosing a copay plan. A copay is a small amount you pay each time you visit your PCP.
With a PPO copay plan, you can pay lower monthly premiums than a traditional PPO plan.
4. You Can Access Out-Of-Network Care
Arguably the greatest benefit of PPOs, patients on these insurance plans can see out-of-network physicians. What’s more, you will receive some coverage for out-of-network visits and procedures.
If you’re someone who travels often or can’t always access in-network care, a PPO plan will offer better coverage for your needs.
5. Pay Nothing Once You Hit Your Deductible
PPOs require you to pay the cost of medical care until you hit your deductible. The deductible is an amount of money you must spend on the care that’s determined by your insurance carrier.
The good news is that once you hit your deductible, your insurer will cover your medical costs in full.
Get PPO Health Insurance and Save Money
PPO health insurance plans are highly flexible and will save you money. If you’ve been considering an insurance plan switch, we think PPO is your best move.
Are you ready to enroll in a PPO plan for your medical needs? FutureWise Insurance can help. Get a free health insurance quote from us today!