Mechanical Protection.

What is Mechanical Protection?

Health insurance is coverage that provides for the payments of benefits as a result of sickness or injury. Includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment.

Step outside to a lush backyard oasis featuring a covered patio, mature fruit trees, and plenty of space for outdoor dining, gardening, or future expansion. A two-car attached garage and a wide driveway provide ample parking and storage.

Health Insurance Types

• Health Maintenance Organizations (HMOs) and Exclusive Provider Organizations (EPOs)
• Preferred Provider Organizations (PPOs) and Point-of-Service plans (POS)
• High Deductible Health Plan (HDHP)
• Catastrophic Health Insurance Plan

(HMOs) and Exclusive Provider Organizations (EPOs)

• HMOs and EPOs may limit coverage to providers inside their networks. A network is a list of doctors, hospitals, and other health care providers that provide medical care to members of a specific health plan. If you use a doctor or facility that isn’t in the HMO’s network, you may have to pay the full cost of the services provided.
• HMO members usually have a primary care doctor and must get referrals to see specialists. This is generally not true for EPOs.

High Deductible Health Plan (HDHP)

• High Deductible Health Plans typically feature lower premiums and higher deductibles than traditional insurance plans.
• If you have an HDHP, you can use a health savings account or a health reimbursement arrangement to pay for qualified out-of-pocket medical costs. This can lower the amount of federal tax you owe.

Catastrophic Health Insurance Plan

• A catastrophic health insurance plan covers essential health benefits but has a very high deductible. This means it provides a kind of “safety net” coverage in case you have an accident or serious illness.