Individual Health Insurance

Finding the best insurance plans to meet your needs as an individual can seem overwhelming, but by working with an experienced team of experts, the process can become simple. Let the experts at Dean Bennett Insurance show you how the right team can make a huge difference.

There are two types of plans: PPO and HMO.

  • A PPO or Preferred Provider Organization is a group system of health care organized by an insurance company. Physicians, health care providers of all types, hospitals and clinics sign contracts with the PPO system to provide care to its insured people. These medical providers accept the PPO’s fee schedule and guidelines for its managed medical care.
  • An HMO, or Health Maintenance Organization, is a type of group insurance plan. It provides service for these needs through a group of doctors, medical personnel and facilities that work directly for the HMO. The care of its patients is done at its clinics. So, it is necessary for the insured members to live or work in close proximity to the clinics or medical facilities.

Most individual health insurance plans have an annual calendar year deductible, coinsurance and an annual out of pocket maximum for covered services. Additionally, many plans have an additional and separate deductible for brand name prescription drugs.

High Deductible Health Plans that are HSA Compatible

These plans can be PPO or HMO and allow you to open a Health Savings Account and pay for medically related expenses, including your deductible, dental and vision costs with pre tax monies. Other than Preventative Care, you must meet the deductible before you are eligible for benefits or co-insurance. The maximum amounts go up yearly and are regulated by the IRS.