The health insurance choice of many Americans differs depending on demographics. With many different health insurance plans available in the market, insurance carriers try to design their products according to the needs of individuals. To learn more about the health insurance choice of working individuals, you have to know first the three basic types namely Managed Care Plans, Indemnity Plans and Government-sponsored health insurance plans. Managed Care Plans have gained popularity because of their fleibility and added features. By paying a monthly premium, you can use the health and medical services within the network. Under managed care plans, you have a choice of HMO (Health Maintenance Organization), PPO (Preferred Provider Organization) and POS (Point-of-Service). Indemnity Plans, while epensive, are the health insurance of choice by individuals who travel a lot or those who don’t need regular medical attention. You pay upon using a service or consulting a doctor. The health insurance company will reimburse the out-of-pocket payment as stated in the health plan. The reason for the outright payment is you can choose any doctor or hospital anytime you want. Government-sponsored health insurance is geared at specific age bracket and their needs. These plans come in different forms and costs. There are plans that can be quite epensive but these are the types that address the problem of rejection due to pre-eisting condition, families with low income or resources, military’s need for comprehensive health care and children whose parents cannot afford to buy them health insurance plans. Your health insurance choice depends mainly on what coverage you want, the monthly premium and your health condition. - June 26, 2009 @ 1:45 pm