Here at Melton-McFadden Agency, we can provide quotes for a variety of health insurance plans for Michigan families depending on your needs. The most common plans we offer include fee-for-service plans or managed care, which consist of health maintenance organizations (HMOs), preferred provider organizations (PPOs), or point of service (POS) plans.
Here are some of the basics about these plans and how they can benefit your family.
Non-PPO fee-for-service (FFS) plans are plans in which the health plan will pay medical providers directly or reimburse the insured following the filing of an insurance claim for each medical expense that’s covered. FFS plans with a preferred provider organization (PPO) allow the insured to see medical providers with reduced charges, which means you pay less out of pocket.
Health Maintenance Organization Plans
HMO plans provide care through a designated network of hospitals and physicians located in a certain service or geographic area. One of the key benefits of this plan is the lack of any paperwork that the insured needs to fill out, along with the ability to avoid being billed for covered services.
Point of Service Plans
In certain HMOs, POS products allow for the use of providers outside of the HMO network. The one downside of this is that the insured pays more for using these providers, with higher deductibles and coinsurances than what is required with a provider on the plan. Insured parties also need to file claims for reimbursement.
Choose the Plan That’s Right for You and Your Family
When looking for the right health insurance plans for Michigan families, there are several options to consider. If you’re unsure of which plan is right for you and your loved ones, we can help you determine which type of coverage is ideal. You won’t need to worry about remaining without coverage with the help of our complete plans.
In addition to health insurance, we can also provide other types of insurance coverage for you and your family, including life and home insurance policies. We’ll help you find what you’re looking for in the perfect insurance plan that gives you what you need. Learn more about our plans by contacting us today and request a quote to get started on receiving coverage.