Health Insurance Daily Guide

Health Maintenance Organizations (HMOs) are prepaid health plans. A typical HMO provides a broad range of services. A monthly premium for coverage is either paid by the individual or his employer. Coverage is usually for general physical exams and other types of services that are not covered by other insurance plans. Some HMOs have big medical clinics, provided with doctors, nurses and therapists on board. You can choose a physician from the organization’s roster to coordinate your medical treatment. HMOs tend to provide the least expensive medical coverage and a minimum of paper work, but, the choice of physicians may be more limited.

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