There are sites that make the process of finding a South Carolina medical insurance quote online easier. You are typically able to complete a quote request online in a matter of minutes. To make sure that you are able to get the most competitive South Carolina medical insurance quote, make sure that you are well-informed on the benefits of various types of plans offered.
The Four Most Common South Carolina Medical Insurance Quotes
There are South Carolina medical insurance quotes available for various types of plans. The four most common types of plans are HMOs, PPOs, POS and Fee-for-service plans. HMO plans can result in a lower South Carolina medical insurance quote because patients can pay a fixed fee for any services rendered. The insurance companies typically agree on a fee schedule for the different types of services provided.
HMO plans offer preventive care and a broad range of services. Routine physicals and medical screenings are provided under this plan. PPO plans offer affordable care and reimbursement for providers outside of the network. The reimbursement rate is usually around 80%. Under PPO plans, you are able to self-refer yourself to physicians within the network.
Should you desire medical attention outside of the network, you may be required to meet the deductible and pay for the medical bills at the time services are rendered. Out-of-pocket costs can be higher under this type of plan. POS plans allow you the option to self-refer to physicians outside of the network. In seeking service outside of the network, you may be required to fill out more paperwork, and receive less when reimbursed for services received. POS plans offer a variety of preventive care services and programs designed to help you improve your overall level of health.
The fee-for-service plans are often referred to as indemnity plans. You are able to self-refer yourself to any specialists. The out-of-pocket expenses associated with this plan are higher than the other plans because of the flexibility. Any time you receive a service from a physician beyond the typical rate charged by physicians in the area, you will be required to cover the difference in costs.
What to Expect When Getting a South Carolina Medical Insurance Quote
South Carolina medical insurance quotes are determined by various factors including, but not limited to: health, lifestyle, budget, pre-existing conditions and the level of care desired. Deductibles are typically lower for plans with restricted networks. When you decide to go with a plan with a higher deductible or pay more in out-of-pocket expenses, you will be able have access to a broader range of doctors. If you are interested in the most affordable plans, it is best to choose from one of the less flexible plans.