What type policy do you exactly need for medical coverage?
Understanding how the various types of medical insurance policies work can help you select the insurance plan that is right for you. If you are insured through your employer or union, it would be very helpful to know if your healthcare plan is self-funded or fully insured.
Selecting an insurance policy involves so much more than just choosing between a Health Maintenance Organization (HMO) and a Preferred Provider Organization (PPO). The more you know about the workings of insurance policies the more you will be able to make them work for you. You can also pick the type of policy for your situation.