Individual Medical Insurance - How to Get the Best Rate

In the market for individual medical insurance? Here's how to get the best rate with an A-rated company.





Individual Medical Insurance





There are two types of medical insurance - indemnity plans, and managed health care plans such as HMOs (health maintenance organizations), PPOs (preferred provider organizations), and PPOs (point of service plans).





Indemnity plans let you choose your own physicians and hospitals, and they pay all or part of your medical costs. They're the most expensive plans, involve the most amount of paperwork, but offer the most flexibility.





Managed health care plans set you up with a network of physicians and hospitals, and assign you a primary care physician who oversees your medical care. They're the least expensive plans, involve the least amount of paperwork, but you cannot choose your doctors or hospitals.





What's Covered?





A good individual medical insurance plan should include the following:





* Physician coverage - pays for your doctor's visits.