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different plans

What’s the Difference Between Plans?

Health insurance companies use a lot of acronyms like HMO, PPO and special terms like “deductible and copay.” You may be wondering if you’re the only one who’s confused.

Here’s some help on what you need to know to choose a health insurance plan. The different types of plans and explain how your health history and budget might affect your insurance needs.

Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance.

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HMO, POS, PPO, EPO and HDHP with HSA: What’s the difference?