Скачать или смотреть what's an hmo, ppo, epo, pos, etc: understand your plan 🏥 health insurance made easy | onomy

There are several different types of health insurance plans available to you (HMO, PPO, EPO, POS) - We'll explain the differences between the plans so you can choose the 3-letter-acronym plan that's right for you! More info below ⤵️

Head over to https://onomy.co​​​​ for our full (and free) #HealthInsurance​​​​ course!

In this video:
0:00 - Difference between an HMO and a PPO
0:10 - What's an HMO? (health maintenance organization)
0:40 - What's a PPO? (Preferred provider organization)
0:57 - What's a POS? (Point of service plan)
1:15 - What's an EPO? (exclusive provided organization)
1:40 - What an HSA / FSA? (health savings account & flexible savings account)
2:07 - RECAP TIME

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Lesson Overview

There are a few different types of health insurance plans to look out for. Let's break down the differences. The two most common are an HMO and a PPO.

HMO stands for Health Maintenance Organization and it’s generally your cheapest health insurance option. Typically your HMO will have low premiums and low out-of-pocket costs. One limitation of an HMO is that you’re required to choose a PCP from your network and you won’t be able to see a specialist without the referral from that PCP. If you don’t anticipate significant medical needs and your budget is tight--which is a familiar situation for many--an HMO might be right for you.

A PPO is generally the best quality plan in terms of benefits (you can see specialists and out-of-network doctors without a referral). But these are also the most expensive in terms of your premium. If you envision yourself needing a lot of medical care and you can afford the higher premiums, this is potentially a good choice for you.

Two less-common types of plans are POSs and EPOs.

A POS or Point of Service plan is similar to an HMO in that you need a PCP to refer you to a specialist, but the plan does cover out-of-network doctors.

An EPO is not a common plan type, but you’ll see it around. These generally have larger networks but operate like an HMO in that they cover only in-network care.

And let’s quickly cover two more types of insurance “plans” that you’ll hear about. HSAs (Health Savings Accounts) and FSAs (Flexible Savings Accounts) are tax-free funds that you can pay into to help cover medical expenses as they arise over the course of the year. You can use money you’ve set aside to cover co-pays, prescriptions, and some medical equipment. Be sure to look at the options available to you by your employer--it can be nice to have some money set aside every year for your medical bills that won’t be taxed!

Overall, you have multiple options to choose from. What you select will generally depend on your own medical needs. Later we’re going to discuss how to think about your health insurance options.

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Course Overview

We’ve all been there. Trying to select a health insurance plan for the first time, not knowing or understanding any of the terms or how to make the right decision. We’re here to help.

This course is going to define all those terms, and also talk about how to make your health insurance decisions, how to choose a plan, how to enroll, and so much more. This course includes lessons covering:

Health care providers
What is health insurance and why is it important?
Employer-provided health insurance vs. the exchanges
Key health insurance terms
Types of health insurance plans
How health insurance works — overview by example!
Medical bills and explanation of benefits
How to enroll
What to consider when choosing your plan
What is Obamacare / The Affordable Care Act?

Come with us to explore all these lessons together or jump into the lesson that answers your specific question. Let’s go!

#healthinsurance