Brian Stevens: Hi, my name is Brian Stevens, I am a former Insurance Agent and Financial Consultant and I am going to show you where to get cheap health insurance in Virginia with the top rated company..
Whether you are looking for individual health insurance or group health insurance in Virginia, there are four basic types of comprehensive health insurance coverage. Indemnity plans, also called fee-for-service plans pay for the majority of your medical bill, about 80% after you pay a deductible of $500 to $2,000. With these plans, you are free to choose whatever hospital or doctor you want. Indemnity plans provide the most freedom of choice, but involve the most paperwork and are the most expensive health care plans.
Health Maintenance Organizations or HMOs assign you to a group of physicians and hospitals that you are required to use for your medical care. You pay a co-payment after each visit to your physician, usually $5 to $10, and the HMO pays your bill. HMOs are the least flexible health care plans, and because of that, they are the cheapest.
Preferred Provider Organizations or PPOs also assign you to a network of physicians and hospitals. If you see physicians outside your network, you may have to pay a deductible or pay an added fee. Co-payments are usually $5 to $10, and the PPO pays your medical bills. These plans cost a little more than HMOs, but are cheaper than indemnity plans.
And finally, Point of Service Plans or POSs assign you to a network of physicians and hospitals, but you're allowed to use physicians and specialists outside the network by paying an additional fee. They put more emphasis on preventive care, such as offering health workshops. These plans cost more than HMOs and PPOs, but are cheaper than indemnity plans. The best way to get cheap Health Insurance in Virginia is to comparison shop and the easiest way to do that is to go to an insurance comparison website. It's quick, it's easy and it's free.
Visit lowerratequotes.com to get health insurance quotes from top rated companies and see how much you can save. You can get more insurance tips in their article section and get answers to your questions plus get advice on how to lower your premium from an insurance expert by using their online chat service. To visit this site, just enter lowerratequotes.com in your internet browser.
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