Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

The POS Health Insurance – a Complete Guide

By Floressewrt Subscribe to RSS | February 4th 2012 | Views:
loading
 
  



When it comes to choosing a health care policy, there are a lot of options to available in the market these days. One of these options, which have become somewhat popular in the recent times, is the Point of Service (POS) policy. The POS health insurance plans can be looked upon as a combination of the traditional protection and the modern coverage options. In the entire health industry, a POS insurance plan is a complete and well managed health care program, similar to the PPO (preferred provider organization) and the HMO (health maintenance organization). The composition of this insurance plan promotes the usage of physicians within a particular network of the providers. You are permitted to avail the services of clinics and hospitals outside the network, but the cost involved is usually high.

Selection Of Physicians

The main advantage of the POS health insurance plan is that you have the flexibility for choosing the physicians from within or outside the network. Within the network means, the insurance provider has discussed the deals with the physicians at a standard price. Out of the network implies that, the physicians have not made any contract with the service provider.

Co-Payment

As the POS plans offer both inside and outside network coverage, co-payment mechanism is very important to comprehend. Co-payment refers to a fee, which you have to pay for visiting a health care professional. The co-payment fee is quite low if you go for the in-network care as compared to the out of network services. Even though the POS health cover provides the flexibility of out of network coverage, the price connected disheartens the usage of this part.

Deductible

It is yet another type of expense which the insured is required to deal with. The deductible usually refers to, paying a part of your medical bills before the insurance companies start dealing with the expenses. The amount of deductible mainly depends upon the level of coverage you have selected. For within the network care, a POS plan does not need any amount of deductible. Whereas, for the outside network, you are required to pay large amount of deductible before the insurance company actually starts paying your medical expenses. Upon purchasing a POS health cover policy; you should have complete understanding about the deductible in order to know more about your cost commitment.

Benefits Of POS

One of the main benefits of choosing a POS plan is that you can choose from both the in-network as well as out-network providers and the capability of combining these two options. For instance, if you visit a doctor from within the network, then you have to pay the minimum amount of co-payment and avoid paying any amount of deductible. However, if you are already seeing a particular doctor, outside the network, you can continue to avail the services although the expenses will be comparatively high.

So, this was all about the POS health insurance plans. If you are looking for acquiring a health cover policy, having the flexibility of choosing the physicians inside as well as outside the network, then POS health insurance plan is worth considering.

Floressewrt - About Author:
health insurance is a website that offers you extensive knowledge regarding the different health insurance plans. Insurance plans even provides you state by state information on different insurance policies.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/the-pos-health-insurance-a-complete-guide.htm

Related Insurance Articles Subscribe to RSS

All new drivers should be conversant with laws regarding auto insurance!
Published by Jerry on March 10th 2012 | Insurance
When you are a first time car owner or buyer, there are usually many things that you may need to edu...
 
Different types of insurance to keep you and your family free and secure in Dubai
Published by Andy Robert on November 29th 2011 | Insurance
Insurance policy provides protection against uncertain losses. In Life insurance policy insurer prov...
 
Let Georgia health insurance plan treat your medical expenses
Published by Ricky Martin on June 23rd 2012 | Insurance
So time has come, do let Georgia health insurance plan treat your medical expenses. It is a big burd...
 
Get relief from day to day mishaps and provide insurance coverage for your van today
Published by Gregorypeck on February 25th 2012 | Insurance
For most manufacturing or service providing companies, it is the first priority to have a good runni...
 
What leads to cheap van insurance?
Published by Carleson on December 8th 2011 | Insurance
Insurers offer separate quotes for vans used for personal purposes and for commercial vans. Due to t...
 
Benefits of searching the best insurance policy quotes online
Published by Andy Robert on December 27th 2011 | Insurance
Getting online for insurance policy of your choice is one of the safest and easiest method while goi...
 
Individual medical health insurance
Published by Lessardcasey on November 30th 2011 | Insurance
Individual medical health insurance is something that every man and woman should have, unless they a...
 
Finding cheap car insurance with best coverage
Published by Robmichae on March 16th 2012 | Insurance
Everybody is seeking ways to reduce their monthly expenses in today’s economy. As a matter of fact...
 
Factors to consider when taking an auto insurance policy
Published by Julia Bennet on February 6th 2012 | Insurance
Before buying a motor insurance policy, it is prudent to research about the various devis assurance ...
 
The many ways to get Dubai medical insurance
Published by Andy Robert on December 7th 2011 | Insurance
With the growth and expansion in Dubai, many positives steps are being taken by local authorities an...
 
Effective Van insurance purchasing ideas and related information
Published by Gregorypeck on February 28th 2012 | Insurance
Making monthly installment on your van insurance policy isn’t more terrible than facing a heavy lo...
 
Know more about cheap car insurance
Published by Anneshirley on April 12th 2012 | Insurance
It is not a tough thing to find car insurance, but yes it is very hard to find the classic car insur...
 
Georgia health insurance plan supports you during your bad time
Published by Ricky Martin on June 20th 2012 | Insurance
Whenever you are in trouble, you need some helping hand at that time. Those phases called bad times ...
 
Benefits of life income insurance
Published by Dkfinancialplanning on February 10th 2012 | Insurance
The only purpose of a life insurance policy buyer is the security of the people who are left behind ...
 
Understanding professional indemnity insurance
Published by Sally McGill on June 18th 2012 | Finance
Personal indemnity offers an effective tool to counter certain claims that an individual or business...
 
Availing benefits from cheap California auto insurance
Published by Auto Insurances on January 14th 2012 | Finance
In this period of inflation who doesn’t want to save money? Every one seeks to save money from eve...
 
Are you looking for the best South African insurance?
Published by Dkfinancialplanning on February 10th 2012 | Insurance
South Africa is a very dangerous place full of crazy people and animals. In the South African area y...
 
Don’t dare drive in Massachusetts without auto insurance
Published by Autoinsurances on January 14th 2012 | Insurance
It’s important to acquire auto insurance Massachusetts if you are intending to drive your automobi...
 
Resources for searching cheapest van insurance
Published by Gregorypeck on March 19th 2012 | Insurance
There are various sources from where an individual can buy cheap van insurance. Comprehending where ...
 
Commercial insurance: Perfect Plan designed for small businesses
Published by Andrew Edwards on April 2nd 2012 | Insurance
Consider the plan next time while starting a small business and don’t have sound knowledge of the ...