Individual POS plans receive relatively little attention when compared to other types of individual health insurance. However, point of service plans may be the right solution for you. POS plans combine the flexibility of PPO plans with the lower cost of HMO health insurance.
If you are buying individual health insurance and considering individual PPO health plans, there are several factors you should consider:
- Compare the size of the individual health insurance plan’s network. Although PPO individual health insurance allows you to visit out-of-network health care providers, more of the cost will be covered if you remain in-network. The reimbursement process will also be simpler. Therefore, choosing the plan with the most providers in your area is a good way to get the best individual health insurance for you.
- Compare individual PPO quotes. Make sure that the monthly premium fits your budget.
- Think about deductibles, co-payments, and co-insurance percentages. These charges often have an even greater impact on the cost of individual health insurance.