HMO Health InsuranceReference to also as "Health Maintenance Organization". HMO insurance is a popular type of health insurance because of its lowered cost compared to PPO and the other types of health insurance. This plan is the least flexible of all. This plan works with a monthly fee, which can range from a little over $100 for a single person to almost $1,000 for a family of 3, depending on the cost covered by your employer and the healthcare company.
The drawback of this insurance is that you need to choose a primary care physican (PCP) from a list of doctors in your network. You are required to stay with this doctor for any medical non-emergency visits. Even if you think you need a specialist, you need to see your general doctor first and then the doctor will give you a referral or else your specialist visit will not be covered under your insurance.