Entrepreneurs Underground Railroad

With Health Insurance being a important issue these days for many entrepreneurs.  We here at the Entrepreneurs Underground Railroad interviewed Roy Brown, CEO of Above Ground Insurance Agency about some of the difference types of health insurance that are on the market today.  Roy Brown said, that there are basically five different types of health insurance on the market today: HMO, PPO, POS, Indemity, and Health Savings Account (HSA).  Roy wanted to point out that both the HMO and the PPO are both manage care type plans.  And that HMO stands for Health Maintenance Organization while PPO stands for Preferred Provider Organization.  POS stands for Point of Service.  Now the HMO would be the most restrictive of the bunch.  Because with the HMO the insurance company actuallys owns the hospital and everyone on staff works for the insurance company.  The doctors are on the payroll for the insurance company.  So therefore the insurance company has more control over the level of benefits that you would receive.  Many times there is some sort of "gate keeper" in place that you would have to go through to receive the treatment that you may need.  While the PPO plans may offer you a little more freedom because they usually provide you with a list of providers to choose from.  They usually have in and out of networks stipulations that may effect the percentage the insurance company may pay your claims. Roy Brown has agreed to become a regular contributor on the Entrepreneurs Underground Railroad.