health insurance deductible explained

  • Finance

    private health insurance

    private health insurance   Private health insurance, also known as voluntary health insurance, is a type of health insurance that is not provided by the government. Instead, it is purchased from private insurance companies. Private health insurance plans typically offer a wider range of benefits and coverage than government-sponsored plans, but they also come at a higher cost. There are many different types of private health insurance plans available, but they can generally be categorized into two main groups: Individual…

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  • Finance

    types of health insurance plans

    Types of Health Insurance Plans   Health insurance plans can be broadly categorized into two main types: managed care plans and fee-for-service plans. Managed care plans emphasize preventive care and coordination of care within a network of healthcare providers. They typically have lower premiums than fee-for-service plans, but they may also restrict your choice of doctors and hospitals. Here are the most common types of managed care plans: Health maintenance organization (HMO): With an HMO, you must choose a primary care physician…

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