How do i compare health insurance quotes?
TypeDetermine the type of health insurance each of your quotes is for. Health maintenance organizations (HMOs) and preferred provider plans (PPOs) are very common. Both require you to choose a primary physician. HMOs typically have lower co-pays and restrict you to a network, while PPOs have more flexibility and higher premiums and co-pays. There are also indemnity plans, which tend to have a high deductible.Other ConsiderationsReview each quote and determine what the co-pays, deductibles, limits and premiums are. Co-pays are what you pay each time you visit a service provider. Deductibles are what you pay before a plan picks up any costs. Limits are the amount your plan will pay out over your lifetime. Look beyond just the monthly payment. A low-cost plan could have hefty deductibles and a low coverage limit (a $5,000 deductible with a $500,000 plan limit, for example). Consider you and your family’s health and financial picture in comparison to each plan. For example, if you’re singl
