Navigating the myriad of health insurance plans available can be incredibly complex, with seemingly an avalanche of acronyms and abbreviations being thrown around. This article will compare Preferred Provider Organizations (PPO) and Exclusive Provider Organizations (EPO) to help you understand the difference between these types of health insurance plans when it comes to making the best decision for you.
Both EPO’s and PPO’s provide access to a network of health service practitioners through paying premiums to the insurance company the organization works with. Within the network, health care services are typically provided at a deep discount compared to the regular list price uninsured people would pay for services in the discount.
While broadly there are many similarities between the two types of organizations there are also some important differences that can influence your decision on which to choose.
When choosing between an EPO and a PPO cost is usually the key decision-maker, as EPO plans can be accessed for far less than many PPO’s. When making this cost trade-off it’s very important to ensure that the EPO network you are considering has all of the specialists you may require based on your health needs. You also want to ensure you carefully consider the implications of travelling outside of the network. If it’s something you do regularly you would potentially not have access to network providers. When deciding between an EPO vs. a PPO you need to weigh all of these considerations carefully and ensure that you pay special attention to the key differences noted in the section above. You also of course need to research reviews of the specific organizations you are considering as you can often see what current and past clients of the network have to say.