HMOs usually cost you the least amount of money out of your pocket, but they do restrict your choice of doctors. This practitioner is then responsible for managing your health care and will refer you to specialists when necessary. HMOs rarely have deductibles. You simply present your identification card for treatment, and there are no claim forms to fill out. Most HMOs emphasize preventive care by including such benefits as immunizations, mammograms, physical examinations and well-baby pediatric care.
Some plans offer dental or vision options.
The most common complaints of HMO participants include the limited number of conveniently located doctors from which to choose and the amount of time it takes to be referred to a specialist. If you can tolerate these inconveniences, HMOs will provide you with comprehensive health care coverage at the lowest price. Consider the premiums and estimate how much you're likely to pay in copayments for visits to the doctor during the year. As a rule of thumb, the higher the copayments, the lower your monthly premiums. Your insurer may exclude illnesses or conditions that existed before your policy takes effect, such as pregnancy, heart disease or an accidental injury.