Medical Insurance Guide

Group health insurance can be incredibly complex, and it can seem overwhelming when you are trying to choose the right coverage option. That’s why a group medical insurance guide is such an important part of any health insurance package. Employers who offer group insurance should request a guide from their insurance company so that they can distribute it to all of their eligible employees.

The sheer number of options available through most health insurance plans requires some time and study for most individuals. You have to assess your personal medical history and potential needs, as well as those of any dependents you may want to add to your insurance plan. Once you have a good idea what you will need, the group medical insurance guide can steer you through the options toward the plan that fits your budget as well as your coverage requirements.

In general, the choices are between an HMO and a PPO plan. HMO insurance is the least expensive for the
patient, with lower premiums and relatively low deductibles. HMO patients do have to sacrifice freedom of choice to gain those discounts, though. An HMO plan will have a group of participating doctors, and the patient is required to use one of those doctors in order to receive insurance coverage.

A PPO health plan gives the patient a little more flexibility, but at a price. If you don’t mind paying a little extra, you have the option of using doctors within a larger network. A PPO will also allow you to use doctors who don’t belong to the network, though you will have to pay for the treatment up front and expect reimbursement from the insurance company later.