Health Insurance

What kinds of health insurance are there?

There are essentially two kinds of health insurance: Fee-for-Service and Managed Care. Although these plans differ, they both cover an array of medical, surgical and hospital expenses. Most cover prescription drugs and some also offer dental coverage.



  • These plans generally assume that the medical professional will be paid a fee for each service provided to the patient.
  • Patients are seen by a doctor of their choice and the claim is filed by either the medical provider or the patient.

Managed Care

  • More than half of all Americans have some kind of managed-care plan.
  • Various plans work differently and can include:
    • Health Maintenance Organizations (HM0s)
    • Preferred Provider Organizations (PPOs)
    • Point-Of-Service (POS) plans

    These plans provide comprehensive health services to their members and offer financial incentives to patients who use the providers in the plan.