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Types of Medical Insurance

Collision Coverage
Collision Coverage

Collision coverage can help protect you from paying costly fees to repair or replace your car. Drive with peace of mind. Adding collision coverage to your policy can help you be better protected for wherever the road takes you.

source: allstate.com
Comprehensive Coverage
Comprehensive Coverage

Comprehensive coverage – also known as major medical health insurance – refers to plans that cover a wide range of health services (i.e., not a limited-benefit plan or supplemental policy).

Exclusive Provider Organization (EPO)
Exclusive Provider Organization (EPO)

EPO stands for "Exclusive Provider Organization" plan. As a member of an EPO, you can use the doctors and hospitals within the EPO network, but cannot go outside the network for care. There are no out-of-network benefits.

Exclusive Provider Organizations (EPOs)
Exclusive Provider Organizations (EPOs)

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Health Maintenance Organizations (HMOs),
Health Maintenance Organizations (HMOs),

HMO means "Health Maintenance Organization." HMO plans offer a wide range of healthcare services through a network of providers who agree to supply services to members. With an HMO you'll likely have coverage for a broader range of preventive healthcare services than you would through another type of plan.

Health Savings Account (HSA)
Health Savings Account (HSA)

A health savings account (HSA) combines high deductible health insurance with a tax-favored savings account. Money in the savings account can help pay the deductible. Once the deductible is met, the insurance starts paying. Money left in the savings account earns interest and is yours to keep.

source: hsacenter.com
Health Savings Accounts
Health Savings Accounts

Health savings accounts (HSAs) are like personal savings accounts, but the money in them is used to pay for health care expenses. You — not your employer or insurance company — own and control the money in your HSA.

High
High

Like the name implies, if you’re covered by a high-deductible health plan you pay a smaller premium amount each month, but you must also pay thousands of dollars out-of-pocket before insurance begins to cover the cost of your medical expenses.

Indemnity Plans
Indemnity Plans

Indemnity plans allow you to direct your own health care and visit almost any doctor or hospital you like. The insurance company then pays a set portion of your total charges. Indemnity plans are also referred to as "fee-for-service" plans.

Liability Coverage
Liability Coverage

Auto liability insurance is a type of car insurance coverage. Drivers in most states are required to have bodily injury liability and property damage liability coverage. If you cause an accident that injures another person or damages their property, liability coverage may help pay for their medical expenses or repair bills.

source: allstate.com
Medical Payments Coverage
Medical Payments Coverage

Medical payments (also known as medical expense or MedPay) coverage helps pay for medical and funeral expenses associated with auto accidents. It is an option available with auto insurance policies and usually covers expenses for the policyholder, passengers, and family members driving the insured vehicle at the time of an accident.

Participating Provider Options (PPOs),
Participating Provider Options (PPOs),

In health insurance in the United States, a preferred provider organization is a managed care organization of medical doctors, hospitals, and other health care providers who have agreed with an insurer or a third-party administrator to provide health care at reduced rates to the insurer's or administrator's clients.

Personal Injury Protection
Personal Injury Protection

PIP stands for personal insurance protection (personal injury protection), and it is an extension of car insurance that covers medical expenses and, in many cases, lost wages.

Point of Service (POS)
Point of Service (POS)

A Point of Service (POS) plan has some of the qualities of HMO and PPO plans with benefit levels varying depending on whether you receive your care in or out of the health insurance company's network of providers.

Point-of-Service (POS) Plans
Point-of-Service (POS) Plans

Find affordable POS plans and apply for coverage online What is a POS plan? A Point of Service (POS) plan has some of the qualities of HMO and PPO plans with benefit levels varying depending on whether you receive your care in or out of the health insurance company's network of providers.

Preferred Provider Organizations (PPOs)
Preferred Provider Organizations (PPOs)

Preferred Provider Organization (PPO) A type of health plan that contracts with medical providers, such as hospitals and doctors, to create a network of participating providers. You pay less if you use providers that belong to the plan’s network.

image: youtube.com
Related Resources:
Related Resources:

Health insurance is a type of insurance coverage that covers the cost of an insured individual's medical and surgical expenses. In health insurance terminology, a clinic, hospital, doctor, laboratory, healthcare practitioner, or pharmacy that treats an individual is known as the "provider." The ...

Uninsured and Underinsured Motorist Coverage
Uninsured and Underinsured Motorist Coverage

Understand uninsured and underinsured motorist coverage, and uninsured bodily injury: learn how it works, where it is required, what it costs, whether or not you need it and more.

source: insurance.com