What’s the difference between an HMO, PPO, and EPO?
*An HMO is a Health Maintenance Organization. It is a plan that requires the insured to use only the health care providers that participate in the network. Restricting paticipants to only the regional network. *An EPO, or Exclusive Provider Organization, is like an HMO in that it requires its members to see only in-network health care providers, but an EPO has a national in-network provider listing. The EPO focuses more on preventative care and is generally less expensive than an HMO. *A PPO, or Preferred Provider Organization, is a health system organized by an insurance company to provide both in-network and out-of-network coverage. Greatest option of doctors to choose from. Can I change my Health Plan in the middle of the plan year? Yes, an employer group may change health plans anytime throughout the year. All the company needs to do is advise the carrier 30 day in advance of cancelling the policy.
