Health Insurance in Connecticut

In today's world, there are not many things as crucial as good health. A healthy nation is a prosperous nation. However, in America, particularly in Connecticut, health costs are rapidly rising. A single visit to a doctor can dent your pocket to the tune of several hundred dollars. It could even run into thousands for a few days' admission to a hospital. So, while you might be faithfully exercising, getting sufficient sleep, eating healthy meals, and illnesses can still wreak havoc on our general health; therefore, because you can't prevent infections 100%, it's paramount to secure formidable health insurance from Stratos Wealth Partners in Danbury, CT to safeguard you when the unthinkable strikes.

Despite the criticality of health insurance, it is regrettable that not every American is covered. This should not be the case, especially for a topic that has been in discussion for the longest time. Are you wondering why you need health insurance? Continue reading the article to discover various health insurance coverage options.

Health Maintenance Organization (HMO)

It offers a wide range of healthcare services in liaison with a network of providers who agree to provide services to the members. Having an HMO plan, you are likely to have a wider variety of preventive healthcare services compared to any other type of health plan at your disposal. As a member of an HMO plan, you are required to select a primary care physician of your choice. Before you seek further services from a specialist, you will first need a referral from your primary care physician.

Preferred Provider Organization (PPO)

This plan is one of the most popular types of programs in the individual and family market. PPO plans give you the liberty to visit whatever in-network physician or healthcare provider you prefer without first requiring a referral from a primary care physician. Under a PPO plan, you are encouraged to utilize the insurance company's network of preferred doctors and choosing a primary care physician is unnecessary. However, it is prudent to establish if your provider accepts your health plan to get the highest level of benefit coverage.

Exclusive Provider Organization (EPO)

As an associate of an EPO, you can utilize the medical practitioners and hospitals situated in the EPO network. Still, you are not at liberty to seek medical care services outside the designated network for care.

Point of Service (POS)

It bundles constituents of the prevailing HMO and PPO plans. Similar to an HMO plan, you are required to choose a specific primary care physician to design referrals to network specialists when needed.

Acquiring the right health insurance in Connecticut can be overwhelming at times. You should be aware of your options. The good news is that at Stratos Wealth Partners in Danbury, CT, we shall offer advice on the insurance options available to you. We shall guide you in understanding the terms and cost of the plan you wish to take. Please call or visit us today.