Here is a glossary of the most commonly encountered terms when shopping for health insurance quotes.
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Glossary

As you compare health insurance quotes, you will be exposed to many terms with which you might not be familiar. Here is a collection of the most commonly encountered terms when shopping for policies.

A PPO usually has slightly more expensive health insurance quotes than an HMO but offers the insured more say in selecting healthcare providers.

Accident Insurance - a more specific type of insurance on which you can receive price estimates. It covers loss by accidental bodily injury to the insured.

Benefit Levels - maximum amount of benefits or services that a person is allowed to receive as specified by a contract with an insurer.

Benefit Package - what services the policy offers to the insured under the terms of the contract.

Co-pay - the insured's financial contribution to the cost of medical care at the point of service. As you receive estimates, you will see that co-pays vary tremendously by insurer and also depend on whether you receive treatment in-network.

HMO - Health Maintenance Organization. This is the most popular type of product for which our customers request quotes. HMO plans are typically the cheapest but afford the least degree of flexibility in choosing your providers. An HMO product will not pay for out-of-network care.

Network - term that applies to managed care options. This refers to the preferred providers that have arrangements with your insurer to offer services at discounted rates. Typically, these services are substantially cheaper than out-of-network services.

PPO - Preferred Provider Organization. A type of managed care plan on which you may also receive pricing on our site. A PPO usually has slightly more expensive quotes than an HMO but offers the insured more say in selecting specialists and doctors. With a PPO, you can stay in-network for substantial savings or you can go elsewhere for an additional cost.

Primary Care Physician - the general practitioner that acts as a gatekeeper to your treatment when you are on an HMO plan.

Referral - a recommendation from your primary physician for specialty treatment. You will need this if you want to see a specialist within an HMO plan.

If you have any inquiries, please check out our Frequently Asked Questions page.