Hmo Vs Indemnity Plans Essay

Decent Essays
First, it’s important for the patient(s) to understand and weigh their options carefully when choosing health care insurance. They can determine their choice of the type of plans based on which doctors they chose to see and the possible out-of-pocket costs. Ultimately, it will be the choice of the patients to choose a health insurance plans that will fit their needs in terms of personal preference and circumstances . However, I decided to chose health maintenance organization and indemnity plans, in part, to show a distinct difference of the basic two plans and how they can fit the need of the patients.

An HMO maintain a network of doctors, providers, and hospitals, to provide and finance health care for their members. HMO attempts to reduce
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HMO are highly managed and does not allow freedom of choice with providers.those who want more freedom of choice to choose theor own providers.

Second, an indemnity plan allow you to choose the doctor, healthcare providers, and hospital of your choice and this is a great choice for individuals who want the greatest amount of flexibility and freedom in a health insurance plan. This plan can provide protection against the costs of medical expenses. The main feature of this plan is that it does not force you to choose a primary care doctor.
Advantage: Freedom of choice for both when deciding which doctors to see and when to see them. You can decide what kind of treatment you want , who will provide the treatment, and when and where you want to receive it. There is no delay , unlike a managed care type policy, there is no waiting or fighting for a referral to an in-network specialist or for approval of a treatment.
Disadvantages: High premium costs to maintain the insurance. Deductibles or excess payments must be met before the insurance starts helping offset your medical expenses. It requires their members to pay their medical expenses up front and wait for reimbursement checks to be

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