Cover corner Answers :? Why buy a health plan POS

Cover corner Answers :? Why buy a health plan POS -

Over the last two weeks we spent on health Maintenance organizations (HMOs) and preferred provider organizations (PPOs), today we will talk about another type of managed care plan, point of service plans (POS).

A POS plan is a combination of a PPO and HMO providing great features of both managed care policies at an affordable price.

POS plans provide coverage for off-grid or health care provider network. This offers consumers the flexibility of a PPO plan that allows them to seek health care services they want. However, as a PPO plan, out-of-network providers are more expensive than the network providers.

Consumers with a POS plan will have more flexibility than consumers with HMO plans, but they both need a primary care physician (PCP). Consumers with a primary care doctor will see the doctor when they need medical care, then they want to see a PCP will refer a specialist for the consumer. This reference helps consumers receive the most coverage of their health insurance plan.

POS plans offer the same type of coverage PPO and HMO plans provide. These health insurance plans provide coverage for prescriptions, preventive and routine services, emergency and hospital care.

POS plans allow consumers to see a large network of doctors, specialists and other health care providers while providing cost reduction benefits.

For more information on POS plans and their benefits, visit our Information Centre for health insurance and check other options that are available.

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