Understanding your health insurance options or your existing health insurance plan can help you and your family get the best medical care for the best price. And a PPO insurance plan might be just what you need.
A preferred provider organization (PPO) is one of the most common health insurance plans. If you have a PPO or are thinking about getting one, there are a few things you should know first.
Keep reading to learn more about PPO insurance plans and why it might be the right choice for you.
What Is PPO Insurance?
Preferred provider Organization (PPO) health insurance is a type of healthcare plan for individuals and families. The plan allows you to see different medical professionals within your “network”. The network is determined by your insurance company.
The network is a list of providers that accept your health insurance. If you have a PPO health insurance plan and want to see a provider outside of your network you have to get a referral from a provider within your network first.
You can usually access the list of providers in your network using your insurance company’s website. If not, try calling your insurance company for a list of providers in your network.
How to Use PPO Insurance
Before making a medical appointment, check to see if that medical provider is within your health insurance’s network. if they are you will receive the highest level of benefit coverage which means you pay less for medical services.
A PPO plan usually requires a deductible. A deductible is a sum of money you have to pay towards medical bills until the insurance company will start helping you with payment. For example, if your deductible is $1,000 you have to pay the full cost of all your medical visits until you have spent $1,000.
After your deductible is met you may have to pay a co-payment for some services. The co-payment is usually a smaller amount of money ($10 -$30) for specific services.
Benefits of PPO Insurance
A PPO health insurance plan gives you a wide range of healthcare providers you can choose from. They will also help you cover some out-of-network costs if you get a referral. However, with a PPO plan, you may not need a referral to see specialists which is convenient.
Another benefit to a PPO plan is that you do not have to select a primary care physician. You can see any provider you want as long as they are within the network.
Find the Right Insurance Plan
Is PPO insurance is right for you and your family? If so, you can search for plans using FutureWise. We offer affordable health plans for individuals and families,s including PPO plans.
Protect your health and the health of your family by finding the right insurance plan. And if you have additional questions, you can contact us for help.