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By Jeremy Vohwinkle, About.com Guide to Financial Planning

Comparing the Different Types of Health Insurance Policies

Tuesday August 19, 2008

Are you confused by all of the health insurance terminology out there? What' is an HMO? How is it different from a PPO? Which plans allow you to choose your own doctor? These are all common questions people have when looking to purchase their own individual policy, or even choosing between employer-sponsored offerings. Not all plans are created equal, and some may provide a cost benefit, but not allow you flexibility in choosing doctors, while others may give you ultimate flexibility that comes at a premium.

When the time comes to make that important decision on which type of health insurance to choose, it pays to learn about the different types of health insurance policies so you can make the best decision for you and your family.

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