Today, more than half of all Americans who have health insurance are enrolled in some kind of managed care plan, an organized way of both providing services and paying for them. Different types of managed care plans work differently and include preferred provider organizations (PPOs), health maintenance organizations (HMOs), and point-of-service (POS) plans. You've probably heard these terms before. But what do they mean, and what are the differences between them? And what do these differences mean to you?
Even if you don't get to choose your health plan yourself you still need to understand what kind of protection your health plan provides and what you will need to do to get the health care that you and your family need.
The more you learn, the more easily you'll be able to decide what fits your personal needs and budget.
