Health Insurance Plans

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6 Terms

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HMOs

Health Maintenance Organizations

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PPOs

Preferred Provider Organization

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What does HMO do?

Total care for PREVENTIVE care, higher healthcare coverage, requires providers affiliated with insurance plans

4
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What does PPO do?

Requires higher deductibles, lower healthcare coverage, more FLEXIBILITY in speciality providers

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Medicaid

AID for low income, for assistance. Low income families

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Medicare

For those that are retired (65+ y/o) to cover health care costs due to not having insurance through work. CARING for older individuals