Health Insurance

Health Insurance

There are many different types of Health Insurance plans from Major Medical to HMO, Basic to High Deductible, and many, many more.  The two most common types of plans used are High Deductible Health Savings Account (HSA) plans and Preferred Provider Organization (PPO) plans. A Preferred Provider Organization (PPO) is a collection of physicians, hospitals and clinics who offer discounted rates for individuals that use their service.  The PPO in turn recommends using the selected physicians and hospitals.  The insured does have the option, however, to use other physicians that are not listed as preferred providers, but they may have to pay larger deductible of co-payments. A High Deductible HSA plan has two components:

  1. High Deductible Health Plan (HDHP)
  2. Health Savings Account (HSA).
Health Savings Accounts are tax-exempt custodial accounts where funds grow to pay for future medical expenses.

Downloads HSA vs Traditional PPO Comparison (PDF) Health Insurance in Wisconsin Brochure (PDF)