PPO Health Insurance in California
Unexpected medical bills can run into tens of thousands of dollars, but with the right insurance plan it is easy to protect yourself against potentially crippling medical expenses. PPO or Preferred Provider Organization plans provide flexibility – there is substantial cover provided for medical services once a plan’s deductible has been met, and PPO plans also provide limited cover for medical treatment received at out-of-network hospitals and medical practices.
HMO Health Insurance in California and HSAs
HMO or Health Maintenance Organization plans are a cheaper alternative to PPO health insurance in California. Members sacrifice a little of the flexibility of PPO plans in exchange for lower premiums, as HMOs require members to select a primary physician and do not provide cover for out-of-network health services. This should not be a problem for those who do not travel extensively. In addition to PPO and HMO plans, there are also health savings accounts which act as a tax-free savings account, from which members can draw down funds to meet their medical expenses.