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Why might point-of-service health insurance be right for a cancer survivor?

A point-of-service (POS) plan offers more flexibility and choice regarding medical providers and facilities than some other plans. If you see providers in the health maintenance organization (HMO) network, your costs are at the HMO rate. However, you have the option to seek services from a larger network of providers, as in a preferred provider organization (PPO). If you seek services from the PPO providers, you will have higher costs for having this greater flexibility.

These plans reimburse at a set percentage rate regardless of who provides the medical care. You have a choice regarding providers and facilities, although you may be encouraged to work with a primary care physician (PCP) who can make referrals for care within the plan network. If you go outside the plan network, you must make certain that the medical provider is willing to accept the payment that the POS plan has assigned or you may be billed for the balance for the health services provided. POS plans were created by HMOs to give members more treatment options, but the premium is typically higher.

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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.