Co-Pay Insurance

* Fee-For Service. With this plan you pay a percentage of the cost with every doctors visit. The standard is 80/20 where the insurance company pays 80% and you pay 20%. You must meet your yearly deductible, however, before the insurance company begins paying anything. Most deductibles range between $200 and $1,000. The higher the deductible the lower your monthly premiums. * Health Maintenance Organization (HMO). HMO’s usually have no deductible, but you have to make a co-pay for each visit. The co-pay usually ranges between $5 and $20. With HMO’s you can only go to doctors that are members of the HMO. You select a primary physician who coordinates all of your medical care and who will refer you to any specialist you may need to see. * Preferred Provider Organization (PPO). As with HMO’s, there is usually no deductible and you have a co-pay for each visit. You must choose a doctor that’s a member of the PPO to get full coverage.

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