Insurance Guide

Historically, HMOs tended to use the term “health plan“, while commercial insurance companies used the term “health insurance”. A health plan can also refer to a subscription-based medical care arrangement offered through HMOs, preferred provider organizations, or point of service plans. These health plans are similar to pre-paid dental, pre-paid legal, and pre-paid vision plans. [...]

How health insurance works? or How health plan works? It is very common question. First of all, Health insurance or health plan need perform a adverse selection. The reason is very simple, by using adverse selection, health insurance company or health plan company selects most of people in good health condition. After adverse selection, a [...]