EPO stands for "Exclusive Provider Organization." EPO plans may or may not differ very much from HMO (Health Maintenance Organization) plans. It's sometimes hard to make precise distinctions between these types of health plans since the definitions have changed a bit over the years.
Generally speaking, however, as a member of an EPO plan, you can only use the doctors and hospitals within the EPO provider network, but cannot go outside of the network for care. There are no out-of-network benefits. This may be the same with some HMO plans. But while an HMO plan will typically require you to coordinate most of your care through a primary care physician (who then refers you to specialists when needed), an EPO plan may allow you more freedom to decide which doctors you see within the provider network.
Work with a licensed health insurance agent to help you find the best type of coverage for your needs.
Anyone who can afford the payments can apply for HMO insurance. Many people can apply for HMO insurance through their employer. People can even get HMO insurance themselves and be self-insured.
Health insurance. HMO = Health Maintenance Organization.
Difference between HMO (Health Maintenance Organization) and MCO (Managed Care Organization) is that in HMO where the insurance creates an network of providers termed PCPs (Primary Care Physicians), but in the case of MCO the health care provider or group of medical service provider who contract with insurers or self-insured employers to provide the wide variety of managed helath care services.
There are several policies that you can purchase an hmo policy from; this is a supplemental insurance polciy that you will get to cover the entire rates.
The articles contained in the following links may throw light on the advantages and disadvantages of getting an HMO insurance plan; please go through- http://www.pulsemed.org/hmo-health-insurance.htm; http://ezinearticles.com/?The-Advantages-and-Disadvantages-of-PPOs---HMOs&id=720733; AND http://www.ehow.com/list_5746723_advantages-health-insurance-provided-hmo.html Oh, WiseGeek offer articles with detailed help in the area. The link for them is http://www.wisegeek.com/what-is-the-difference-between-a-hmo-and-ppo.htm.
No everyone does not need HMO insurance. Wellness letter has some great advice on healthcare. Insurance is important with the high cost of visits.
health maintence organization
health maintence organization
Having HMO insurance will benefit you later in life, were something to happen to you. It will cover the costs associated with fixing the problem.
If you are employed you can get your HMO through your employer. You can also get an HMO if you are not employed, however it will cost you more since an HMO is a shared cost among many people in the company.
The main types of medical insurance plans are Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), Exclusive Provider Organization (EPO), and Point of Service (POS) plans. Each plan has different rules and costs for accessing healthcare services.
HMO is not actually a health insurance company, but it is instead a type of health insurance. It is a little more affordable, but it limits the choices of doctors to the ones in the person locality.