Comparing the Costs of a Regular Health Insurance Policy and HMO?
Comparing the Costs of a Regular Health Insurance Policy and HMO. A health insurance policy pays 65 percent of physical therapy cost after a $200 deductible. In contrast, an HMO charges $15 per visit for physical therapy. How much would a person save with HMO if he or she had 10 physical therapy sessions costing of $50 each?
Jonathan Hannsson posted: 04 Sep at 11:50 am
I think that the HMO would save you more money. Normally you want a policy if you have really bad medical conditions. But if its just for a checkup I don’t think its worth it.
Insurance Pickle.com posted: 04 Sep at 12:24 pm
$155, but that’s assuming the plan doesn’t discount the $50 visit or that the $50 IS the discounted amount. That also doesn’t take into account the costs of the plan, the ability to get the policy, etc…but as far as a math problem goes that’s your answer.
mbrcatz posted: 04 Sep at 1:07 pm
Look, “regular” health insurance IS an HMO, in many cases.
You just have to run the numbers – your computer has a calculator function.